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
04/12/2002 World Buhrmann Internal restructuring Retail 1,100
03/12/2002 Belgium Philips Belgium Bankruptcy/Closure Manufacturing 957
02/12/2002 Denmark McDonald's Relocation Hotel / restaurants 371
29/11/2002 United Kingdom Irish Fertiliser Industries Internal restructuring Manufacturing 600
29/11/2002 United Kingdom Commerzbank of Germany Merger/Acquisition Financial services 300
28/11/2002 Sweden Saab Automobile Internal restructuring Manufacturing 1,250
27/11/2002 Portugal Ecco'Let Internal restructuring Manufacturing 180
27/11/2002 Netherlands Vitens Merger/Acquisition Utilities 250
26/11/2002 World Koninklijke Wessanen NV Internal restructuring Retail 1,300
26/11/2002 Sweden Ifö Sanitär Relocation Manufacturing 130
22/11/2002 Germany Süddeutscher Verlag Internal restructuring Information / communication 950
22/11/2002 Finland Tecnomen Internal restructuring Information / communication 260
21/11/2002 World ING Group Internal restructuring Financial services 1,000
20/11/2002 European Union Samas Groep Internal restructuring Retail 375

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