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.
Energy and gas distributor Spark Energy announced the creation of 100 new jobs at its site in Selkirk, Scottish Borders. The job creation involves both customer-facing and administrative roles from entry- to more experienced levels. Upon selection, new employees are expected to complete 115 hours of direct training and development and additional 75 hours of one-on-one support within their teams. The business expansion is planned to make a significant contribution to the local labour market.
The company employs around 400 people at the site and handles energy accounts for approximately 450,000 customers. After entering administration in November 2018 due to an investigation by the energy regulator, the company is now owned by Ovo Energy.
Eurofound (2019), Spark Energy, Business expansion in United Kingdom, factsheet number 98422, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98422.
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...
