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.
Kerlink, a specialist in systems and connectivity solutions for networks, is cutting 70 jobs in Thorigné-Fouillard, representing 25% of its total workforce.
The company encountered financial difficulties in 2023 due to the cryptocurrency market crash in 2022. It is therefore investing in the railway industry to diversify its clientele by offering Europorte a geolocation service. This new so-called Track Value system uses sensors to help railway operators track wagons or containers and analyse the vehicle's behaviour. The testing phase has just begun and will continue until autumn, after which the system will be made available for sale.
Eurofound (2025), Kerlink, Internal restructuring in France, factsheet number 202915, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202915.