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
08/08/2002 World Philips Communication, Image & Security (CIS) Merger/Acquisition Manufacturing 1,300
07/08/2002 Germany Quam Internal restructuring Information / communication 800
07/08/2002 France Nouvelles Frontières Internal restructuring Administrative services 150
06/08/2002 France Corsair Internal restructuring Transportation / storage 270
06/08/2002 Netherlands OGP Groothandel Internal restructuring Manufacturing 350
03/08/2002 Belgium Telindus Internal restructuring Information / communication 200
03/08/2002 Spain Piaggio Relocation Manufacturing 103
02/08/2002 United Kingdom United Business Media Internal restructuring Information / communication 500
02/08/2002 Portugal JCL - Manufactura de Calçado, Lda Bankruptcy/Closure Manufacturing 100
02/08/2002 Portugal JCL - Manufactura de Calçado, Lda Bankruptcy/Closure Manufacturing 100
01/08/2002 Belgium Scoot Belgique Bankruptcy/Closure Information / communication 210
01/08/2002 France Manufacture Vosgienne de Meubles Internal restructuring Manufacturing 130
01/08/2002 Spain ONO Internal restructuring Information / communication 450
01/08/2002 European Union Epcos Internal restructuring Manufacturing 300

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