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.
Gelsauga, a company providing support service activities to the main Lithuanian railway company Lietuvos gelezinkeliai, is to dismiss 555 employees at the beginning of 2019. Gelsauga will have to dismiss half of their employees due to the fact that Lietuvos gelezinkeliai will buy part of the services from other companies that have won recent tenders. Currently Gelsauga employs 1,050 employees. Gelsauga has been a subsidiary company of Lietuvos gelezinkeliai since 2007. It provides services such as facility management; maintenance of building systems; and security and cleaning services.
Eurofound (2018), Gelsauga, Internal restructuring in Lithuania, factsheet number 96169, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96169.
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...
