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.
Outotec is a Finnish technology company operating in the mining and metallurgy industry. The company planned to outsource part of its German-based project engineering activities to Finnish engineering services company Citec and it has started to negotiate with their employees' representatives about this relocation. The target is to transfer approximately 70-80 Outotec employees to Citec. 'By outsourcing part of our engineering activities we will create more flexibility to our organization and decrease Outotec's fixed costs in the long run. Citec is a suitable partner for us as they have an existing customer base in Germany and Finland ', said the head of Outotec's Metals, Energy & Water business unit.
Eurofound (2017), Outotec, Reshoring in Finland, factsheet number 97, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97.
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...
