EMCC European Monitoring Centre on Change

Factsheets

The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media in each EU member state. It has been in existence since 2002.

The map displays the most recent cases. Nation-wide cases are displayed next to the country name.

Recent restructuring cases

The database is updated daily and grows at a rate of approximately 20-30 new entries a week. To date, more than 25,000 restructuring events have been recorded.

In order to be included in the database, an individual case of restructuring must involve the announced loss or creation of at least 100 jobs, or employment effects affecting at least 10% of a workforce of more than 250 people. A restructuring statistics tool is available to explore summary data from the restructuring events database by country, sector and restructuring type.

Research carried out prior to the UK’s withdrawal from the European Union on 31 January 2020, and published subsequently, may include data relating to the 28 EU Member States. Following this date, research only takes into account the 27 EU Member States (EU28 minus the UK), unless specified otherwise.

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Announcement date Country Company Restructuring type Sector Planned job creation Planned job reductions min
19/08/2002 World Iona Technologies Internal restructuring Manufacturing 700
19/08/2002 Ireland Flextronics Relocation Manufacturing 250
19/08/2002 World Plaut AG Internal restructuring Professional services 400
19/08/2002 Netherlands Tulip Ingram Micro Bankruptcy/Closure Manufacturing 120
17/08/2002 Netherlands IBM Internal restructuring Information / communication 300
17/08/2002 United Kingdom Elizabeth the Chef Merger/Acquisition Manufacturing 200
17/08/2002 United Kingdom Budget Rent-a-Car Bankruptcy/Closure Administrative services 140
15/08/2002 Netherlands Parenco Bankruptcy/Closure Manufacturing 125
15/08/2002 Portugal IMS - Indústrias de Móveis Lda. Bankruptcy/Closure Manufacturing 200
15/08/2002 Portugal Confecções Vestus Bankruptcy/Closure Manufacturing 414
15/08/2002 Portugal Confecções Vestus Bankruptcy/Closure Manufacturing 414
15/08/2002 Portugal IMS - Indústrias de Móveis Lda. Bankruptcy/Closure Manufacturing 200
13/08/2002 Denmark Lindø Værft Internal restructuring Manufacturing 510
09/08/2002 Finland Ericsson Internal restructuring Manufacturing 90

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