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 25,000 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 datesorter stigende Country Company Restructuring type Sector Planned job creation Planned job reductions min
10/01/2004 World Philips Internal restructuring Manufacturing 60,000
10/01/2004 Ireland Sola Lenses Internal restructuring Manufacturing 103
10/01/2004 United Kingdom Scottish Provident Merger/Acquisition Financial services 900
10/01/2004 Spain Philips Bankruptcy/Closure Manufacturing 100
10/01/2004 Sweden Swedish Meats Internal restructuring Manufacturing 180
09/01/2004 Finland Nordea Internal restructuring Financial services 300
09/01/2004 Netherlands PGGM Internal restructuring Financial services 100
08/01/2004 Finland Remec Offshoring/Delocalisation Manufacturing 280
08/01/2004 Finland ENSTO Internal restructuring Manufacturing 140
08/01/2004 Ireland Schering-Plough Internal restructuring Manufacturing 170
08/01/2004 Finland Kesko Merger/Acquisition Retail 370
08/01/2004 United Kingdom Birds Eye Internal restructuring Manufacturing 600
08/01/2004 Finland Elcoteq Relocation Manufacturing 230
07/01/2004 France Stayer-Kity Bankruptcy/Closure Manufacturing 114

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