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 Companysorter stigende Restructuring type Sector Planned job creation Planned job reductions min
07/05/2010 Poland Bank BPH Internal restructuring Financial services 1,514
05/03/2015 Poland Bank BGŻ Merger/Acquisition Financial services 1,800
27/10/2003 Austria Bank Austria Internal restructuring Financial services 500
26/06/2008 Austria Bank Austria Internal restructuring Financial services 600
14/11/2011 Austria Bank Austria Internal restructuring Financial services 250
28/11/2013 Austria Bank Austria Internal restructuring Financial services 1,550
11/11/2015 Austria Bank Austria Internal restructuring Financial services 800
10/06/2007 Malta Banif Bank Malta Business expansion Financial services 350
06/07/2012 Portugal Banif Closure Financial services 300
18/03/2014 Portugal Banif Internal restructuring Financial services 300
08/10/2020 United Kingdom Bangor University Internal restructuring Education 200
19/04/2005 Czechia Bang & Olufsen Business expansion Manufacturing 200
20/10/2008 Denmark Bang & Olufsen Internal restructuring Professional services 300
15/01/2009 World Bang & Olufsen Internal restructuring Manufacturing 220

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