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.
Electric car manufacturer Tesla plans to double its service staff in Norway, hiring more than 300 new employees in 2018. The expansion is aimed at augmenting the service capacity for Tesla vehicles in Norway and was announced after the company received criticism for increased waiting times at several of its service locations. Tesla currently has 11 service centres in Norway and will expand with a new large service centre near Oslo scheduled to open by summer.
Tax exemptions and regulatory benefits for electric vehicles have made the Norwegian market one of the world's first mass markets for electric cars, with one in four new cars registered in 2017 being fully electric. Including hybrid electric vehicles, more than half of new cars registered were electrified. Tesla was the 7th most sold brand in Norway in 2017, with 8,460 new cars registered. This development has put pressure on Tesla's service capacity, which is expected to increase further as Tesla's more moderately priced Model 3 is delivered to Norwegian customers from late 2018 or early 2019.
Eurofound (2018), Tesla, Business expansion in Norway, factsheet number 93476, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93476.
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...
