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.
Japanese producer of automotive components SumiRiko Automotive Hose Poland, a subsidiary of Sumitomo Riko Group, has announced that it will create 188 new jobs at its production facility in Sosnowiec between March 2019 and March 2020. The company expects that it will increase its workforce to 162 jobs by March 2019; another 188 jobs will be created by March 2020. The factory in Sosnowiec was launched in October 2017and is specialized in the production of fuel and water lines and air conditioning products.
Sumitomo Riko Group operates at 130 locations in 23 countries employing over 10,000 people around the world. The group produces automotive components, including anti-vibration rubber products, hoses, sound controlling products, interior equipment, as well as general industrial products. SumiRiko has been operating in Poland since 1999; as of October 2018, the company has three production facilities in the country: Wolbrom, Zagórze and Sosnowiec.
Eurofound (2018), SumiRiko Automotive Hose Poland, Business expansion in Poland, factsheet number 95693, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/95693.
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...
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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...
