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 Austrian furniture retailer XXXLutz has invested € 6 million in the expansion of its headquarter in Wels, Upper Austria, to provide space for its growing e-commerce operations. Currently, 220 employees take care of the companies online shops and other activities in Austria alone. Last year XXXLutz increased online staff in Wels by 100 and currently offers additional 100 vacant positions for computer programmers and poject managers. Overall, the company employs 900 people at the site in Wels and more than 20,800 people in Austria.
Eurofound (2018), XXXLutz, Business expansion in Austria, factsheet number 94430, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94430.
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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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...
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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...
