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
14/10/2002 Portugal Schuh-Union Internal restructuring Manufacturing 172
11/10/2002 Finland Jaakko Pöyry Oyj Internal restructuring Professional services 100
11/10/2002 Belgium Philips Belgium Internal restructuring Manufacturing 2,450
11/10/2002 Germany Vattenfall Europe Internal restructuring Utilities 4,000
11/10/2002 Germany Bombardier Transportation GmbH Internal restructuring Manufacturing 700
11/10/2002 Finland Sanmina-SCI Bankruptcy/Closure Manufacturing 300
10/10/2002 Ireland Comerama Internal restructuring Manufacturing 360
10/10/2002 United Kingdom Spirent Internal restructuring Information / communication 230
10/10/2002 France Vivendi Universal Internal restructuring Information / communication 152
10/10/2002 Germany Orga Kartensystem Internal restructuring Information / communication 250
10/10/2002 World Crédit Suisse First Boston CSFB Internal restructuring Financial services 1,750
09/10/2002 France ACT Manufacturing Bankruptcy/Closure Manufacturing 730
09/10/2002 Italy Fiat Internal restructuring Manufacturing 8,100
09/10/2002 World GE Aircraft Engines Internal restructuring Manufacturing 2,800

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