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.
The Chinese company A123 Systems headquartered in the United States is to create up 150 new jobs after opening a new plant for the production of starter lithium-ion batteries used in electric vehicles in the city of Ostrava. The firm has already recruited 20 people recently, by the end of 2017 there should be 50 and over the next three years the firm wants to have all the 150 employees. The investment is worth $ 13 million. According to the director, there is a lack of suitable skilled workers. The company has already begun to cooperate with the University and would find future employees among students. A123 Systems plans to produce over 600 thousand batteries per year. So far, the company operates its business only in China and the United States.
Eurofound (2017), A123 Systems, Business expansion in Czechia, factsheet number 90402, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90402.
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...
