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 creationsorter stigende Planned job reductions min
17/08/2002 United Kingdom Budget Rent-a-Car Bankruptcy/Closure Administrative services 140
16/10/2003 Germany Aero Lloyd Bankruptcy/Closure Transportation / storage 1,400
27/08/2003 Sweden Flextronics Bankruptcy/Closure Manufacturing 165
27/09/2003 Ireland Refond Other Manufacturing 130
24/09/2003 Belgium Invensys Bankruptcy/Closure Manufacturing 41
23/10/2002 World Heidelberger Druckmaschinen AG Internal restructuring Manufacturing 2,200
29/03/2002 France Solectron Bankruptcy/Closure Manufacturing 197
30/01/2004 Denmark Martin Internal restructuring Manufacturing 75
13/07/2003 World OM Internal restructuring Manufacturing 240
03/07/2002 Germany SER Systems Bankruptcy/Closure Information / communication 400
01/06/2002 Belgium KPNQwest Bankruptcy/Closure Information / communication 340
22/09/2003 France Siat-Lang Internal restructuring Manufacturing 115
03/02/2003 France Philips France Offshoring/Delocalisation Manufacturing 295
17/09/2003 Germany WestLB Internal restructuring Financial services 1,800

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