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.
Škoda Transtech, a Finnish tram manufacturer, has announced that up to 200 workers may be dismissed from its Otanmäki plant in Kainuu. The cuts stem from prolonged uncertainty surrounding the procurement of new trams by the city of Helsinki, a key project for the company’s local employment. Negotiations are underway, but no definitive timetable for the final decisions has yet been set.
The company employs around 600 people in Finland.
Eurofound (2026), Škoda Transtech, Internal restructuring in Finland, factsheet number 300460, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300460.
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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