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.
Testo Industrial Services, a German subsidiary of Testo, opened a new facility at the Fischerrain business park in Kirchzarten in early July 2026 as part of a €18.2 million investment programme to expand its calibration services. The new site is expected to create more than 140 additional jobs in the Dreisamtal region, increasing the company’s workforce and strengthening its presence in the area.
The project is a response to growing demand for calibration services and is intended to position Testo Industrial Services for further growth while continuing to provide modern working conditions for its employees.
Testo Industrial Services currently employs around 1,600 people.
Eurofound (2026), Testo Industrial Services, Business expansion in Germany, factsheet number 300731, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300731.
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...
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...
