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 22,000 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.

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Announcement date Country Company Restructuring type Sector Planned job creationseřadit sestupně Planned job reductions min
14/03/2003 Italy Banca Popolare di Bergamo (Bpb Spa) Merger/Acquisition Financial services 231
07/02/2003 Germany Lekkerland-Tobaccoland GmbH & Co. KG Internal restructuring Retail 500
29/05/2002 Netherlands Baan Internal restructuring Information / communication 130
26/09/2003 Belgium Alstom T&D Belgium Bankruptcy/Closure Manufacturing 108
15/08/2002 Netherlands Parenco Bankruptcy/Closure Manufacturing 125
17/05/2002 Ireland Bank of Ireland Internal restructuring Financial services 900
20/06/2003 Ireland Flextronics Internal restructuring Manufacturing 200
13/01/2003 United Kingdom Instinet Internal restructuring Financial services 300
11/05/2002 World IBM Internal restructuring Manufacturing 8,000
26/06/2003 Sweden JM Internal restructuring Construction 250
01/09/2003 France Thomson Multimédia R&D Internal restructuring Manufacturing 60
24/01/2003 Sweden Saab Automobile Internal restructuring Manufacturing 100
12/01/2004 France Etilam Internal restructuring Manufacturing 165
12/09/2003 France Industeel Internal restructuring Manufacturing 180

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