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.The full dataset can be made available for non-commercial research purposes. If interested, please submit a request to access the ERM dataset.

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
04/11/2022 France Armatis Business expansion Administrative services 150
03/11/2022 World Stripe Internal restructuring Information / communication 1,000
03/11/2022 Croatia Osilovac Business expansion Manufacturing 100
03/11/2022 France Planet Hollywood Closure Hotel / restaurants 145
03/11/2022 Ireland Twitter Internal restructuring Information / communication 140
02/11/2022 Estonia Standard Internal restructuring Manufacturing 163
01/11/2022 Cyprus LGS Handling Internal restructuring Transportation / storage 153
01/11/2022 Cyprus Swissport Cyprus Cargo Internal restructuring Transportation / storage 43
01/11/2022 Ireland Ernst & Young Ireland Business expansion Professional services 600
01/11/2022 Portugal White Airways Internal restructuring Transportation / storage 120
31/10/2022 Sweden Norwegian Business expansion Transportation / storage 140
28/10/2022 Croatia Inker Closure Manufacturing 215
28/10/2022 Hungary Magyar Posta Internal restructuring Transportation / storage 300
28/10/2022 France Seissigma Bankruptcy Construction 100

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