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.
German plastic manufacturer Rehau has announced plans to discontinue the unprofitable wood-polymer composite production in Austria making 64 employees redundant. The restructuring will affect the production site in Neulengbach, where 43 people will be dismissed, as well as the headquarters in Guntramsdorf, where 21 positions in product management, sales and administration will be cut. The company has informed the public employment service and negotiations on a social plan are underway. In the future, the company will invest in the production of micro-cable tubes and aims to employ 100 workers and 20 apprentices by 2021 at the plant in Neulengbach.
Eurofound (2019), Rehau, Internal restructuring in Austria, factsheet number 96520, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96520.
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...
