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
24/05/2022 Czechia Tatra Trucks Business expansion Manufacturing 500
24/05/2022 Ireland Paypal Internal restructuring Information / communication 307
24/05/2022 Ireland Cora Systems Business expansion Information / communication 150
23/05/2022 Lithuania NanoAvionics Business expansion Manufacturing 166
23/05/2022 Ireland Merck Business expansion Manufacturing 370
19/05/2022 France Opteven Business expansion Financial services 161
19/05/2022 France Aperam Business expansion Manufacturing 90
19/05/2022 Germany Dr. Oetker Closure Manufacturing 150
19/05/2022 Germany Germanwings Closure Transportation / storage 280
18/05/2022 France Vallourec Internal restructuring Manufacturing 320
18/05/2022 Cyprus Bank of Cyprus Internal restructuring Financial services 509
17/05/2022 Czechia Škoda Auto Business expansion Manufacturing 250
17/05/2022 Germany Vallourec Germany Closure Manufacturing 2,400
17/05/2022 France Club Employés Business expansion Information / communication 100

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