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 25,000 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
01/03/2004 France Transcom WorldWide Business expansion Administrative services 600
27/02/2004 Belgium LBP Bankruptcy/Closure Manufacturing 188
27/02/2004 World Fiamm Internal restructuring Manufacturing 800
27/02/2004 Netherlands Interpay Internal restructuring Financial services 650
27/02/2004 United Kingdom Shop Direct Merger/Acquisition Retail 250 800
26/02/2004 Germany Volkswagen Internal restructuring Manufacturing 2,000
26/02/2004 Sweden Sanmina Offshoring/Delocalisation Manufacturing 150
25/02/2004 United Kingdom Young's Bluecrest Seafood Bankruptcy/Closure Manufacturing 260
25/02/2004 Denmark Arovit Petfood Relocation Manufacturing 110
25/02/2004 World Volkswagen Internal restructuring Manufacturing 5,000
24/02/2004 France Délices de la Tour Bankruptcy/Closure Manufacturing 200
23/02/2004 France Thales Daimler Aerospace (TDA) Internal restructuring Manufacturing 113
23/02/2004 France VA Tech JST Internal restructuring Manufacturing 108
21/02/2004 World Ramirent Merger/Acquisition Administrative services 200

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