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 22,000 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.

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Announcement date Country Company Restructuring type Sector Planned job creation Planned job reductions min
04/10/2019 France XL Airways France Bankruptcy Transportation / storage 570
04/10/2019 France Air Caraïbes Business expansion Transportation / storage 100
04/10/2019 Cyprus Bank of Cyprus (BoC) Internal restructuring Financial services 400
03/10/2019 France Groupe Sis Business expansion Manufacturing 450
02/10/2019 Ireland Allied Irish Bank (AIB) Internal restructuring Financial services 200
02/10/2019 United Kingdom Concept Life Sciences Internal restructuring Professional services 280
02/10/2019 United Kingdom Cummins Closure Manufacturing 130
02/10/2019 United Kingdom Excel Escort Solutions Business expansion Transportation / storage 200
01/10/2019 Slovenia Lek Relocation Manufacturing 320
01/10/2019 Spain Norwegian Internal restructuring Transportation / storage 150
01/10/2019 France Pernod Ricard Internal restructuring Manufacturing 90 190
01/10/2019 Netherlands Treant Zorggroep Internal restructuring Health / social work 500
01/10/2019 United Kingdom Gousto Business expansion Retail 700
30/09/2019 Belgium Thomas Cook Bankruptcy Administrative services 575

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