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 commercial court of Bobigny has agreed the take over of Agora distribution, the owner of the clothes retailer network Tati, by the group Gifi. The new owner will keep 109 of the 140 shops in France and 1,428 employees out of a total workforce of 1,700 employees. The take over will lead to the dismissal of 272 employees. Agora distribution was owned by the group Eram that decided to sell it after a loss of €148.5 million after a turnover of €346.7 million in 2016. The unions CFTC, CFDT and Unsa were in favour of Gifis' proposal as it maintain the most job positions. In the framework of a social plan signed on 16 June, each dismissed employee will receive, on average, an allowance of €10,000 depending on their seniority, in addition to the legal amount of dismissal allowance.
Eurofound (2017), Agora Distribution, Merger/Acquisition in France, factsheet number 91496, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91496.
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...
