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.
US-based drivetrain parts manufacturer Dana's will have the structure of its fourth Győr factory by the end of the summer, while the construction will be completed by the end of the year.
Built in a EUR 46 million investment, supported with a HUF 2,9 bn (EUR 9,5 million) state grant, the 13,000 square meter facility – an addition to Dana's three other factories in Győr – will create 200 new jobs by 2020. Management is already in place, hiring for all positions will start at the beginning of 2018.
Production will start at the new unit at the beginning of 2019.
Present in the country since 2005, Dana currently employs around 700 people in Hungary.
Eurofound (2017), Dana Hungary, Business expansion in Hungary, factsheet number 91821, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91821.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...
