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
26/04/2021 Lithuania Yazaki Wiring Technologies Lietuva Closure Manufacturing 435
20/04/2021 Finland Stora Enso Closure Manufacturing 670
20/04/2021 Sweden Stora Enso Closure Manufacturing 440
20/04/2021 European Union Stora Enso Closure Manufacturing 1,110
15/04/2021 Poland Moderna Business expansion Manufacturing 150
14/04/2021 Norway Sparebank 1 SMN Internal restructuring Financial services 100
06/04/2021 Lithuania Jakobsen Home Business expansion Manufacturing 70
01/04/2021 Italy Brioni Internal restructuring Manufacturing 320
31/03/2021 Germany MediaMarktSaturn Closure Retail 1,000
31/03/2021 European Union Media-Saturn Holding Internal restructuring Retail 1,027
30/03/2021 Hungary Wellis Business expansion Manufacturing 300
28/03/2021 Italy Douglas Italia Internal restructuring Retail 457
25/03/2021 Netherlands ING Internal restructuring Financial services 440
25/03/2021 Spain Adolfo Dominguez Internal restructuring Retail 300

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