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 creationseřadit vzestupně Planned job reductions min
25/11/2020 World Kidiliz Group Bankruptcy Retail 2,103
21/10/2020 Spain TE Connectivity Closure Manufacturing 248
14/09/2020 United Kingdom Investec Internal restructuring Financial services 210
21/09/2020 Hungary Budapest Airport Zrt. Internal restructuring Transportation / storage 236
25/08/2020 Finland Finnair Internal restructuring Transportation / storage 600
15/05/2020 United Kingdom JCB Internal restructuring Manufacturing 500
03/07/2020 Belgium AGC Glass Europe Internal restructuring Manufacturing 95
29/04/2020 United Kingdom EnQuest Internal restructuring Mining / quarrying 530
07/04/2020 Poland Komputronik Internal restructuring Retail 300
29/06/2020 Denmark ISS Internal restructuring Administrative services 300
22/05/2020 United Kingdom Specialist Leisure Group Bankruptcy Transportation / storage 2,460
06/05/2020 World Airbnb Internal restructuring Administrative services 1,900
21/03/2020 United Kingdom Spicerhaart Group Closure Real estate 300
14/01/2021 United Kingdom Norwegian Air UK Bankruptcy Transportation / storage 1,100

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