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.
Morrow Batteries ASA, a Norwegian battery cell developer and manufacturer, announced the closure of its factory in Arendal on 6 May 2026. The company has dismissed all 210 employees as a result of the bankruptcy filing. However, the estate manager has stated that there is considerable interest in the estate and that operations could thus continue. 80 workers are offered temporary employment under the bankruptcy estate, to ensure continued operations in a transition fase and to prevent loss of key competence. The shutdown follows persistent financial difficulties and an inability to secure sufficient capital, despite significant investment from Å Energi and other stakeholders. Morrow Batteries aimed to supply the European market with sustainable lithium-ion cells.
Eurofound (2026), Morrow Batteries, Bankruptcy in Norway, factsheet number 300391, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300391.
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...
