EMCC European Monitoring Centre on Change


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.The full dataset can be made available for non-commercial research purposes. If interested, please submit a request to access the ERM dataset.

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 creationsorter stigende Planned job reductions min
01/08/2002 World Dresdner Bank Internal restructuring Financial services 3,000
09/10/2003 Sweden Arcando Frontec Internal restructuring Information / communication 135
12/08/2003 Denmark OFS Fitel Internal restructuring Manufacturing 200
29/01/2004 World Wella AG Merger/Acquisition Manufacturing 600
28/04/2003 France Alcatel Space Internal restructuring Manufacturing 350
23/06/2003 Netherlands Getronics Internal restructuring Information / communication 600
06/11/2002 Spain Mercedes Internal restructuring Manufacturing 250
13/03/2003 European Union EADS European Aeronautic Defence and Space Internal restructuring Manufacturing 1,600
27/03/2003 Germany Aker Yards Internal restructuring Manufacturing 240
29/10/2003 Austria Vobitech Austria Bankruptcy/Closure Manufacturing 140
03/03/2004 Netherlands Eureko Internal restructuring Financial services 1,000
21/08/2002 Germany Siemens Internal restructuring Information / communication 1,300
03/10/2003 Belgium Koninklijke Wessanen Internal restructuring Retail 84
24/06/2002 World WorldCom Internal restructuring Information / communication 17,000