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.
Continental Tire Group, a German manufacturer of automotive tires, announced the creation of 150 new jobs at regional service center in Timisoara (Timis County) for EMEA (Europe, Middle East, and Africa) by the end of 2026. The regional center will cover IT, human resources, procurement, and other activities of the company.
Continental Tires Romania had a turnover of €900 million last year and has over 3,000 employees. The Continental Tires Group has 19 factories worldwide, including four in the US, one in Mexico, five in Asia, two in South America, one in South Africa, and six in Europe, three of which are in Eastern Europe: Romania, Slovakia, and the Czechia.
Within the group, the plant from Romania is the fourth-largest in terms of volume.
Recently, Continental announced that 1,450 jobs will be lost in Germany, out of a total of 3,000 jobs worldwide Continental 2026 - Germany.
Eurofound (2026), Continental Tires Romania , Business expansion in Romania, factsheet number 204101, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204101.
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...
