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.
American fast food chain KFC is to open five units or more by the end of 2017. The company has announced the creation of 1,107 new jobs by the end of 2017 when the company is expected to reach an employee base of 3,300. With a total workforce of 2,193 employees, KFC currently operates 63 restaurants in Romania across various locations (Bucharest, Timisoara, Cluj-Napoca, Suceava, Oradea, Pitesti and Brasov).
KFC entered the Romanian market in 1997 as a franchise operated by US Food Network.
Eurofound (2017), KFC Romania, Business expansion in Romania, factsheet number 90804, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90804.
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...
