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.
North Star Entertainment, a Greek company active in gambling, hospitality and entertainment, announced the creation of 100 new jobs linked to Project VORIA, a new hospitality, entertainment and casino complex in Marousi, Attica. The project was first presented in April 2024 as a €250 million investment expected to create 1,000 new jobs. In June 2026, North Star presented updated plans for the project, now valued at €380 million and already in construction, with the wider investment expected to create around 2,000 direct and indirect jobs. The complex will include a five-star hotel operated under Accor’s MGallery Collection, conference and event facilities, restaurants, entertainment areas and the relocated Parnitha Casino. Construction is being carried out by METKA/METLEN and the complex is expected to open in May 2028 but the company has already started hiring.
Eurofound (2026), North Star Entertainment, Business expansion in Greece, factsheet number 300622, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300622.
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...
