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.
U Logistique, a subsidiary of the supermarket network Système U, has announced the take over a logistic platform belonging to the group XPO in Fontenay-Le-Comte (Vendée) with the aim to increase its activities from 25 million parcels per year to 28-30 million in 2018. It will invest €2 million to automate the site and expect to take over the 120 employees and to recruit 100 new employees by 2018 with the aim to reach a workforce of 220 employees. Recruitment will start by mid-November 2017. The investment in automation aims to improve the working conditions of the employees. The aim is to reduce the heavy handling that occupies 70% of employees today to 50% in one or two years. Salary improvements are also expected as the workforce went on strike last Spring to ask for salary increases and improvement of working conditions.
Eurofound (2017), U Logistique, Business expansion in France, factsheet number 92365, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92365.
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...
