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.
Lithuanian energy company Vilniaus kogeneracinė jėgainė is to create around 100 new jobs in Vilnius in 2020. The company is building a combined heat and power plant that will increase the use of renewable energy in Vilnius. The new cogeneration power plant is expected to improve heat and energy efficiency and make more efficient use of local and renewable sources in heat energy production facilities. The plant will start operating at the beginning of 2020 and will create around 100 new jobs. The company has already started recruitment of new employees. Currently the company employs 40 employees.
Vilniaus kogeneracinė jėgainė is a member of Ignitis group of companies. Ignitis is a state-controlled company group, controlling a group of entities with more than 5,300 employees. The main activities of Ignitis include power and heat distribution and supply, natural gas trade and distribution, as well as construction and maintenance of power plants and the grid.
Eurofound (2019), Vilniaus kogeneracinė jėgainė, Business expansion in Lithuania, factsheet number 99138, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99138.
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...
