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.
Irish technology firm Version 1 has announced the creation of 250 new jobs following the opening of a new headquarters and dedicated AI studio in Dublin, designed to support collaboration with customers, educators and community groups.
The roles will be spread across technical, consulting and operational functions and add to the company’s growing workforce in Ireland. The expansion is driven by growth in demand for artificial intelligence, digital and cloud transformation services and reflects Version 1’s strategy to scale its AI capabilities.
Public authorities welcomed the announcement. Minister for Enterprise, Tourism and Employment and Minister of State with responsibility for artificial intelligence publicly supported the expansion, highlighting its significance for inward investment, skills development and Ireland’s AI ecosystem.
Founded in Dublin in 1996, Version 1 provides digital transformation and technology services to clients across Europe, North America and Asia, and now employs around 3,700 people globally.
Eurofound (2026), Version 1, Business expansion in Ireland, factsheet number 204573, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204573.
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...
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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...
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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...
