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.
Romanian textile manufacturer Time International Trading has announced plans to dismiss 600 employees by January 2019 from its plants in Alexandria and Zimnicea. The redundancies are taking place due to the increasingly unstable financial situation of the company and the decrease in the number of orders for the company’s products. Time International Trading was established in 1994 and specialises in manufacturing a wide range of men’s clothing for export on the international market and mainly Europe, the United States and Asia.
Eurofound (2018), Time International Trading, Internal restructuring in Romania, factsheet number 95825, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/95825.
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...
