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
11/10/2002 Germany Vattenfall Europe Internal restructuring Utilities 4,000
11/10/2002 Germany Bombardier Transportation GmbH Internal restructuring Manufacturing 700
11/10/2002 Finland Sanmina-SCI Bankruptcy/Closure Manufacturing 300
10/10/2002 Ireland Comerama Internal restructuring Manufacturing 360
10/10/2002 United Kingdom Spirent Internal restructuring Information / communication 230
10/10/2002 France Vivendi Universal Internal restructuring Information / communication 152
10/10/2002 Germany Orga Kartensystem Internal restructuring Information / communication 250
10/10/2002 World Crédit Suisse First Boston CSFB Internal restructuring Financial services 1,750
09/10/2002 France ACT Manufacturing Bankruptcy/Closure Manufacturing 730
09/10/2002 Italy Fiat Internal restructuring Manufacturing 8,100
09/10/2002 World GE Aircraft Engines Internal restructuring Manufacturing 2,800
09/10/2002 Netherlands Nederlandse Spoorwegen NS Internal restructuring Transportation / storage 790
08/10/2002 United Kingdom Harland & Wolf Internal restructuring Manufacturing 265
08/10/2002 Spain Alcatel Internal restructuring Manufacturing 850

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