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 Companysort descending Restructuring type Sector Planned job creation Planned job reductions min
17/06/2013 France Virgin Megastore Bankruptcy Retail 1,000
01/07/2020 United Kingdom Virgin Money Internal restructuring Financial services 300
22/06/2020 United Kingdom Viridor Closure Utilities 100
24/10/2017 Poland Virtu Production Business expansion Manufacturing 130
30/12/2012 Estonia Viru Keemia Group Business expansion Manufacturing 100
11/12/2014 Estonia Viru Keemia Grupp Internal restructuring Manufacturing 200
15/01/2016 Estonia Viru Keemia Grupp Closure Mining / quarrying 500
18/09/2006 Estonia Viru Vangla Business expansion Public administration and defence 350
30/01/2006 Lithuania Visagino statybininkai Business expansion Construction 200
23/11/2016 Finland Visalan Hospital Closure Health / social work 31
31/08/2004 France Vishay Offshoring/Delocalisation Manufacturing 292
08/02/2006 Belgium Vishay BC Components Internal restructuring Manufacturing 176
20/10/2004 Portugal Vishay Electrónica Portugal Offshoring/Delocalisation Manufacturing 130
10/02/2011 European Union Vision IT Business expansion Information / communication 400

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