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 minsorter faldende
13/01/2009 United Kingdom Bank of America Internal restructuring Financial services 1,900
12/03/2009 World Gea Internal restructuring Manufacturing 1,900
28/04/2009 European Union Vestas Wind Systems Internal restructuring Manufacturing 1,900
29/04/2009 European Union Vestas Wind Systems Closure Manufacturing 1,900
09/03/2009 Bulgaria Kremikovtsi Bankruptcy Manufacturing 1,900
02/07/2020 United Kingdom Casual Dining Restaurants Group Internal restructuring Hotel / restaurants 1,909
10/10/2017 United Kingdom BAE Systems Internal restructuring Manufacturing 1,915
26/10/2010 Denmark Vestas Internal restructuring Manufacturing 1,919
25/06/2009 United Kingdom Corus Internal restructuring Manufacturing 1,922
25/02/2007 Romania Tractorul UTB Bankruptcy/Closure Manufacturing 1,923
04/11/2020 Portugal TAP Air Portugal Internal restructuring Transportation / storage 1,926
02/06/2020 United Kingdom Lloyds Banking Group Internal restructuring Financial services 566 1,935
22/09/2020 Czechia OKD Internal restructuring Mining / quarrying 1,957
20/11/2013 United Kingdom HMRC Internal restructuring Public administration and defence 1,980

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