Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Elan, a producer of sports equipment and yachts based in Begunje (Gorenjska region), will expand its production and recruit new workers in 2017. In 2008 Elan was granted an unlawful state aid of €10 million, which had to be paid back to Slovenian authorities and left the company on the brink of survival. Due to difficult times, Elan came under the management of the Bank Assets Management Company (BAMC), the country's "bad bank". In 2015 the company was sold to Bank of America Merrill Lynch, which resold it to the Russian investment fund VR Capital. Elan has now recovered and is planning to expand its production and employ from 70 to 80 additional workers in the first trimester of the year 2017.
Eurofound (2016), Elan, Business expansion in Slovenia, factsheet number 89691, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89691.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
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Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
