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.
Xeos, a joint venture created by Lufthansa and General Electric, has announced that it will create 300 new jobs in its factory in Środa Śląska (Legnica Special Economic Zone), Poland. Currently, the company employs about 300 people at the site. The recruitment process continues, and Xeos provides special training for new employees as the company needs highly qualified workers. The company has also announced that the second stage of the investment has been initiated.
The plant deals with servicing and maintenance of GE’s engines and it will specialise in servicing GEnc28 used in Boeings 747-8 and as of 2021 the plant will also deal with GE9X engines used in Boeing 777X.
Eurofound (2019), Xeos, Business expansion in Poland, factsheet number 97887, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97887.
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...
