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.
Fast-food chain McDonald’s announced it will create 500 new jobs in Romania by the end of 2020. The company intends to open eight stories by the end of 2020. Vacancies are for restaurant crew members, hosts(esses), guest experience leaders and manager trainees who will be employed in new stores in different locations in Romania.
The company is installing ordering kiosks in its restaurants and it states that this new customer service system does not reduce the number of employees, but, on the contrary, increases their number, creating a new profession, that of 'guest experience leader'. Near each service area there is a new employee, responsible for hospitality and customer interaction. There are employees who interact with customers in the area of digital screens, help them place the order, understand the products they want, present their new products and help them with whatever they need in the restaurant.Premier Restaurants Romania which owns the fast-food chain McDonald’s was established in 1995 and will invest more than €16 million in the expansion. The company has 84 stores in 26 cities and 5,000 employees across Romania.
Premier Restaurants Romania is owned by the Premier Capital investment fund registered in Malta. The fund, which took over McDonald's Romania in 2016, also operates the McDonald's franchise in Malta, Estonia, Latvia, Lithuania and Greece.
Eurofound (2020), McDonald's, Business expansion in Romania, factsheet number 99735, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99735.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
