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 datesort descending Country Company Restructuring type Sector Planned job creation Planned job reductions min
09/09/2019 Spain ServiAide Internal restructuring Other services 155
09/09/2019 Bulgaria ABB Bulgaria Business expansion Manufacturing 420
10/09/2019 Spain Telefónica Internal restructuring Information / communication 2,636
10/09/2019 Hungary Electrolux Lehel Hűtőgépgyár Offshoring/Delocalisation Manufacturing 800
10/09/2019 Finland UPM Internal restructuring Manufacturing 179
10/09/2019 Austria Porr Business expansion Construction 200
10/09/2019 Poland BSH Sprzęt Gospodarstwa Domowego Business expansion Manufacturing 1500
10/09/2019 Sweden Gestamp Hardtech Internal restructuring Manufacturing 55
11/09/2019 Romania Cognizant Softvision Business expansion Information / communication 500
11/09/2019 Croatia Salvus Business expansion Manufacturing 145
11/09/2019 France Keolis Rennes Business expansion Transportation / storage 100
12/09/2019 Belgium Lhoist Internal restructuring Mining / quarrying 117
12/09/2019 Ireland Clearstream Business expansion Financial services 100
12/09/2019 Romania Marquardt Business expansion Professional services 100

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