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 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
23/12/2009 Greece OTE Internal restructuring Information / communication 150
30/11/2009 Greece Wind Hellas Internal restructuring Information / communication 199
10/10/2009 Greece Siemens Attica Internal restructuring Information / communication 300
22/06/2009 Greece IDRYMA TYPOU Closure Information / communication 300
18/01/2009 Greece Lambrakis Press Internal restructuring Information / communication 569
16/01/2009 Greece Ethnos & Sunday Ethnos Internal restructuring Information / communication 100
20/11/2008 Greece Lannet Communications Bankruptcy/Closure Information / communication 120
14/11/2008 Greece Hellenic Telecommunications Organization (OTE) Internal restructuring Information / communication 1,830
07/11/2008 Greece Altec Telecoms Bankruptcy/Closure Information / communication 150
06/11/2008 Greece Intracom Telekom Internal restructuring Information / communication 185
19/07/2008 Greece Vodafone Greece Internal restructuring Information / communication 300
26/02/2008 Greece Siemens Salonica Bankruptcy/Closure Information / communication 270
10/07/2007 Greece Omilos Maniatea Internal restructuring Information / communication 100
09/10/2006 Greece Hellenic Telecommunication Organizattion (OTE) Internal restructuring Information / communication 670

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