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 German group Knauf Insulation has announced the establishment of a plant of rockwool production, an insulating material, in Illange (Moselle). It represents an investment of €110 million. The site will open in fall 2019 and is expected to generate 120 direct jobs and 300 indirect jobs. Recruitment has already begun. Training is offered to future employees.
The site was in competition with another site in Luxembourg but the mayor of the Luxembourg site has refused the implementation for environmental reasons. Knauf Group is specialised in building materials and systems. It has 220 factories and production sites in 80 countries. It employs over 27,400 people and has annual sales of more than 6.5 billion euros.
Eurofound (2018), Knauf Insulation, Business expansion in France, factsheet number 94214, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94214.
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...
