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.
Kronospan Bulgaria, part of a leading international of wood-based panels manufacturer, announced that the company's recent investment has created 170 new positions in Veliko Tarnovo, Bulgaria. The company has already hired 100 new workers and 70 new employees will be recruited in 2020 when the new facility is fully deployed. In 2018, the company made a major investment in digitalisation and environmental installations. In the long-term, the company wants to attract business partners and furniture companies in the region that will additionally create around 500 new positions. Currently, Kronospan Bulgaria employes 450 workers in Bulgaria - 200 in Veliko Tarnovo and 250 in Burgas. The company is owned by Konikato Holdings, based in Cyprus, but the ultimate owner is the Lichtenstein-owned Betuva foundation. The corporation has more than 40 production facilities in Europe, Asia and North America with more than 14,500 employees.
Eurofound (2019), Kronospan Bulgaria, Business expansion in Bulgaria, factsheet number 99414, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99414.
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...
