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 date Country Company Restructuring type Sector Planned job creation Planned job reductions min
25/05/2020 Poland Budimex Business expansion Construction 100
22/05/2020 Hungary Magyar Suzuki Business expansion Manufacturing 400
22/05/2020 European Union Cityjet Internal restructuring Transportation / storage 726
22/05/2020 Hungary Deufol Hungary Business expansion Administrative services 100
22/05/2020 United Kingdom Specialist Leisure Group Bankruptcy Transportation / storage 2,460
22/05/2020 World Nissan Internal restructuring Manufacturing 20,000
21/05/2020 Hungary Nemak Győr Alumíniumöntöde Internal restructuring Manufacturing 180
21/05/2020 Poland Neapco Internal restructuring Manufacturing 258
21/05/2020 United Kingdom Clarks Internal restructuring Professional services 108
21/05/2020 United Kingdom Wrightbus Internal restructuring Manufacturing 125
20/05/2020 United Kingdom JDP Furniture Group Internal restructuring Manufacturing 290
20/05/2020 Slovenia Revoz Internal restructuring Manufacturing 400
20/05/2020 Slovakia Embraco Slovakia Internal restructuring Manufacturing 200
20/05/2020 United Kingdom Tradeteam Internal restructuring Transportation / storage 100

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