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.
Slovak company Technov, a producer of components for air conditioning and ventilation equipment, will create 350 new jobs in the Rumanova village near Nitra. The company is investing €22 million in the new factory, which will include a painting unit, development centre and office buildings. Technov currently has nearly 130 employees in Rumanova. The construction of the new factory already commenced in 2016 and it should be completed in September 2017. The activities in the current facilities located in the centre of Rumanova will gradually be relocated to the new factory. The development centre will be added in 2023. According to a representative of the company, wages in Technov could be even higher than in the nearby, newly built Jaguar Land Rover factory.
Eurofound (2017), Technov, Business expansion in Slovakia, factsheet number 90338, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90338.
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...
