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 creationαύξουσα ταξινόμηση Planned job reductions min
20/03/2004 Germany KarstadtQuelle Internal restructuring Retail 7,000
21/05/2002 Ireland Ericsson Internal restructuring Manufacturing 150
26/11/2002 Sweden Ifö Sanitär Relocation Manufacturing 130
30/10/2002 Denmark Sonofon Internal restructuring Information / communication 501
08/08/2002 World Nokia (Nokia Networks) Internal restructuring Manufacturing 900
30/06/2003 Ireland Comerama Bankruptcy/Closure Manufacturing 190
03/04/2003 Austria Legrand Internal restructuring Manufacturing 160
20/05/2003 Ireland Gallaher Internal restructuring Manufacturing 121
23/10/2003 Portugal Cometna (Companhia Metalúrgica Nacional) Bankruptcy/Closure Manufacturing 161
03/03/2004 Ireland Unifi Textured Yarns (Europe) Internal restructuring Manufacturing 120
20/09/2002 Portugal Alcatel Internal restructuring Manufacturing 200
03/09/2002 Sweden Swedia Networks Internal restructuring Information / communication 400
03/02/2003 France La Française de Mécanique Bankruptcy/Closure Manufacturing 869
04/12/2002 Germany MAN Roland AG Internal restructuring Manufacturing 627

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