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
26/08/2020 Finland Swissport Finland Internal restructuring Transportation / storage 700
11/03/2020 United Kingdom Swissport UK Internal restructuring Transportation / storage 291
30/03/2020 Poland Syntex Closure Manufacturing 100
01/07/2020 United Kingdom T.M. Lewin Internal restructuring Retail 600
03/06/2020 Estonia Tallink Internal restructuring Transportation / storage 290
17/04/2020 Latvia Tallink Latvia Closure Transportation / storage 550
25/11/2020 Finland Tallink Silja Internal restructuring Transportation / storage 100
19/05/2020 Sweden Tallink Silja Internal restructuring Transportation / storage 300
25/05/2020 Estonia Tallinna Lennujaam Internal restructuring Transportation / storage 111
15/06/2020 Estonia TallinnHotels Bankruptcy Hotel / restaurants 120
04/11/2020 Portugal TAP Air Portugal Internal restructuring Transportation / storage 1,926
10/08/2020 Romania Tarom Internal restructuring Transportation / storage 700
03/12/2020 United Kingdom Tate Internal restructuring Arts / entertainment 120
12/08/2020 United Kingdom Tate Enterprises Internal restructuring Retail 313

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