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.
Austrian producer of wood-based panel products EGGER has announced that it will create 400 jobs at its new production facility in Biskupiec. The factory, located in the Warmia-Mazury Special Economic Zone, Poland, is expected to open by the end of 2018. The unit will specialise in the production of melamine and chipboard boards.
Reportedly, the company has applied for a €150 million loan from the European Investment Bank (EIB). The money is to be allocated to build a chipboard factory in Biskupiec, Poland, with the value of the investment estimated to reach PLN 1bn (€232 million). Work on the factory began almost a year ago and is due to be completed in the last quarter of 2018.
EGGER was founded in 1961 in Tyrol, Austria. As of September 2018, the company has 18 production sites in Europe (Austria, France, Germany, Romania, Russia, Turkey, United Kingdom) and 24 sales offices worldwide.
Eurofound (2018), EGGER, Business expansion in Poland, factsheet number 95481, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/95481.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
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...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...
