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 27,000 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
07/01/2003 Spain Bosch Internal restructuring Manufacturing 100
06/01/2003 Spain Saenz Merino Internal restructuring Manufacturing 140
01/01/2003 Portugal Reiker Portuguesa Internal restructuring Manufacturing 200
31/12/2002 Spain Puigneró Bankruptcy/Closure Manufacturing 212
31/12/2002 Denmark Alu Plast Bankruptcy/Closure Manufacturing 150
19/12/2002 Sweden Orange Bankruptcy/Closure Information / communication 234
18/12/2002 Netherlands ASM Lithography (ASML) NL Internal restructuring Manufacturing 350
18/12/2002 United Kingdom McDonald's Internal restructuring Hotel / restaurants 600
18/12/2002 Germany Bayerische Landesbank Girozentrale Internal restructuring Financial services 700
17/12/2002 Netherlands Delta Internal restructuring Utilities 100
17/12/2002 World Electrolux Internal restructuring Manufacturing 5,091
16/12/2002 United Kingdom Marconi Internal restructuring Manufacturing 3,300
16/12/2002 United Kingdom Business a.m. Bankruptcy/Closure Information / communication 125
16/12/2002 Sweden GGP Sweden AB Internal restructuring Manufacturing 190

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