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.
The Government of the Czech Republic has announced plans to employ about 130 new state officials; 110 posts will be created at the Ministry of Interior, seven at the Foreign Ministry and 15 posts will be for new labour inspectors. The increase in the number of officials is due to the government’s decision to raise the annual limit of Ukrainian workers coming to the Czech Republic to work from 20,000 to 40,000. The demand for workers was significantly higher in the country than the supply, as the Czech Republic has the lowest unemployment rate in the European Union.
Previous restructuring took place in 2018, when 860 jobs were lost.
Eurofound (2019), Vláda ČR (Government of the Czech Republic), Business expansion in Czechia, factsheet number 96584, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96584.
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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