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 creation Planned job reductions min
02/02/2004 France Sediver Offshoring/Delocalisation Manufacturing 223
31/01/2004 Spain Celsa Bankruptcy/Closure Manufacturing 180
30/01/2004 Belgium Raemdonck Bankruptcy/Closure Information / communication 170
30/01/2004 Denmark Martin Internal restructuring Manufacturing 75
29/01/2004 World Kraft Foods Internal restructuring Manufacturing 6,000
29/01/2004 World Wella AG Merger/Acquisition Manufacturing 600
29/01/2004 Ireland Jetmagic Bankruptcy/Closure Transportation / storage 100
29/01/2004 Italy Acciai Speciali Terni Internal restructuring Manufacturing 204
29/01/2004 France Crédit Agricole Merger/Acquisition Financial services 1,100
29/01/2004 Netherlands Avebe B.A. Internal restructuring Manufacturing 350
29/01/2004 World Avebe B.A. Internal restructuring Manufacturing 450
28/01/2004 Italy Rolam Offshoring/Delocalisation Manufacturing 140
28/01/2004 United Kingdom British Airways (BA) Internal restructuring Transportation / storage 4,000
28/01/2004 United Kingdom FKI Internal restructuring Manufacturing 350

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