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.
(49 - 53) Transportation / Storage 49 - Land transport and transport via pipelines 49.4 - Freight transport by road and removal services 49.41 - Freight transport by road
170 jobs Number of planned job creations
Announcement Date
20 June 2019
Employment effect (start)
Foreseen end date
Description
Industrial parcel and logistics company TSB opens a new center in San Fernando de Henares, Madrid. The investment of €15.5 million generates 170 new jobs. The new logistics center is added to the six directly-owned establishments: two in Madrid, two in Barcelona, one in Valencia and Bilbao each. Additionally, the company has 46 franchises available.
Operating for 52 years in the industry, the company predominantly focuses its activities in the Iberian Peninsula (Spain and Portugal) and takes advantage of intermodal freight transport. The latter allowed the company to reduce CO2 emissions in 2018 by more than 2,000 kg from the previous year.
Eurofound (2019), TSB, Business expansion in Spain, factsheet number 98148, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98148.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...