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.
Wood sticks for food manufacturing company Smart Wood Romania announced plans to expand its business with the opening of a new plant in Onești, Bacau County. The company invested €8 million in the construction of the new plant and will create 100 jobs by 2022.
Smart Wood Romania was accepted to receive a €3.15 million state aid for the expansion of its production capacity, according to data provided by the Ministry of Finance.
The company has another plant in Timişoara, established in 2007 with a workforce of 196 employees.
Eurofound (2019), Smart Wood Romania, Business expansion in Romania, factsheet number 98865, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98865.
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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