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
18/07/2003 Austria Spardat Internal restructuring Information / communication 150
18/07/2003 Austria Erste Bank der oesterreichischen Sparkassen AG Internal restructuring Financial services 270
17/07/2003 Ireland Volex Bankruptcy/Closure Manufacturing 170
17/07/2003 Germany Frankfurter Rundschau Internal restructuring Information / communication 350
17/07/2003 Ireland Waterford Crystal Internal restructuring Manufacturing 234
17/07/2003 World ASM Lithography (ASML) Internal restructuring Manufacturing 550
16/07/2003 Austria Augarten Bankruptcy/Closure Manufacturing 130
16/07/2003 Germany Condor Internal restructuring Transportation / storage 340
16/07/2003 World Thomas Cook AG Internal restructuring Administrative services 1,200
15/07/2003 France Cap Gemini Ernst & Young France Internal restructuring Information / communication 287
15/07/2003 Portugal Pedisana - Componentes de Calçado Internal restructuring Manufacturing 102
15/07/2003 Greece Ippokambos Bankruptcy/Closure Manufacturing 296
15/07/2003 United Kingdom Norwich Union Internal restructuring Financial services 900
14/07/2003 Netherlands Ten Hagen & Stam Internal restructuring Information / communication 100

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