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 minaflopend sorteren
15/12/2003 World Aggreko Internal restructuring Administrative services
02/02/2004 France Magna Business expansion Manufacturing 350
01/11/2003 Finland Kyrel Merger/Acquisition Manufacturing 160
01/03/2004 France Transcom WorldWide Business expansion Administrative services 600
29/03/2004 France PSA Peugeot Citroën Business expansion Manufacturing 7000
10/10/2003 Ireland B&Q Business expansion Retail 165
05/03/2004 United Kingdom B&Q Business expansion Retail 3500
25/03/2004 World Virgin Atlantic Business expansion Transportation / storage 1400
03/10/2003 Finland Nokia Mobile Phones Business expansion Manufacturing 150
31/07/2003 World Huhtamäki Internal restructuring Manufacturing
07/11/2003 Ireland Atlantic Homecare Business expansion Retail 220
13/10/2003 Ireland Dedicated Pharmaceutical Specialists Engineering (DPS) Business expansion Manufacturing 250
04/06/2003 Denmark Fakta Internal restructuring Retail 600
16/12/2003 Austria Voest Business expansion Manufacturing 1000

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