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.
Engineering company Williams Industrial Services has entered administration which has resulted in 145 employees being made redundant with immediate effect. The company which specialises in technology for water treatment, was founded in Mallusk, Northern Ireland in 1983. According to the reports, the company ran out of funds following contractual disputes and the administrators had no choice but to make the vast majority of the workforce redundant with immediate effect. A subsidiary company which employs 15 people is also expected to go into liquidation.
Eurofound (2018), Williams Industrial Services, Bankruptcy in United Kingdom, factsheet number 93379, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93379.
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...
