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.
Polish cosmetics company Dr Irena Eris has announced that it will create 100 new jobs at its production facility in Piaseczno near Warszawa. Currently, the company is expanding the plant, which will lead to a capacity rise from 30 million to 60 million units per year. Dr Irena Eris plans to invest PLN 45 million (EUR 10.73 million USD 12.09 million) in the project, and the new production hall is expected to be operational in late 2017.
Dr Irena Eris was founded in 1983; currently, the company is one of Poland’s largest cosmetics producers employing 400 people. The company’s products are sold in 60 countries worldwide.
Eurofound (2017), Dr Irena Eris, Business expansion in Poland, factsheet number 91104, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91104.
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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