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
01/09/2003 United Kingdom Taylor Woodrow Merger/Acquisition Construction 300
01/09/2003 Austria Siemens Program and System Engineering Internal restructuring Information / communication 100
01/09/2003 France Thomson Multimédia R&D Internal restructuring Manufacturing 60
01/09/2003 Belgium Ghémar Bankruptcy/Closure Transportation / storage 106
30/08/2003 World Orkla Foods Internal restructuring Manufacturing 1,000
30/08/2003 Sweden Boras Wäkveri Offshoring/Delocalisation Manufacturing 80
30/08/2003 Sweden Haldex Relocation Manufacturing 50
29/08/2003 European Union Fortis Internal restructuring Financial services 200
28/08/2003 United Kingdom Bodycote Internal restructuring Manufacturing 100
28/08/2003 France TAT Express Internal restructuring Transportation / storage 539
28/08/2003 France Caulliez Textiles Bankruptcy/Closure Manufacturing 126
27/08/2003 Sweden Flextronics Bankruptcy/Closure Manufacturing 165
26/08/2003 Sweden Scandinavian Service Partner Internal restructuring Hotel / restaurants 280
26/08/2003 Finland PPTH Internal restructuring Manufacturing 120

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