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 Companyseřadit sestupně Restructuring type Sector Planned job creation Planned job reductions min
28/08/2020 Belgium Sodexo Internal restructuring Hotel / restaurants 380
11/06/2020 Denmark Sodexo Airport Services Internal restructuring Administrative services 135
14/07/2020 Netherlands Sodexo Nederland Internal restructuring Hotel / restaurants 800
11/09/2020 Finland SOE Busproduction Finland Closure Manufacturing 260
23/06/2020 France Sogeclair Aerospace Internal restructuring Professional services 245
31/10/2020 United Kingdom Solent University Internal restructuring Education 109
24/02/2021 World Solvay Internal restructuring Manufacturing 500
15/05/2020 World Solvay Internal restructuring Manufacturing 570
16/07/2020 United Kingdom Southbank Centre Internal restructuring Arts / entertainment 400
12/05/2020 Estonia Spa Tours Internal restructuring Hotel / restaurants 114
02/04/2020 Hungary SPAR Magyarország Business expansion Retail 900 900
14/04/2021 Norway Sparebank 1 SMN Internal restructuring Financial services 100
11/06/2020 France SPB (Société de Prévoyance Bancaire) Internal restructuring Financial services 121
11/06/2020 World SPB (Société de Prévoyance Bancaire) Internal restructuring Financial services 230

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