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.
Discount supermarket chain Penny Market, owned by the German Group Rewe, announced the creation of 1,000 new permanent jobs with the opening of new stores by the end of 2017.
The company announced 80 million euro investments each year till 2025. By then the number of stores will be doubled and reach 400.
As of 2016, Penny Market operates 200 stores in Romania with an employee base of 3,000.
Eurofound (2017), Penny Market, Business expansion in Romania, factsheet number 89974, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89974.
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...
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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...
