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
28/04/2003 France Mossley-Badin Bankruptcy/Closure Manufacturing 130
27/04/2003 France Alstom Internal restructuring Manufacturing 1,478
26/04/2003 European Union Alstom Internal restructuring Manufacturing 5,000
26/04/2003 Denmark Magasin du Nord Internal restructuring Retail 150
26/04/2003 Denmark Alcatel Space Bankruptcy/Closure Manufacturing 100
25/04/2003 United Kingdom Alstom Internal restructuring Manufacturing 1,450
25/04/2003 Belgium Tourtex Bankruptcy/Closure Manufacturing 155
25/04/2003 United Kingdom Bank of Ireland Merger/Acquisition Financial services 150
25/04/2003 United Kingdom Intercontinental Hotel Group Internal restructuring Hotel / restaurants 800
25/04/2003 European Union Software AG Internal restructuring Information / communication 300
25/04/2003 Netherlands Nationaal Luchtvaart en Ruimtelaboratorium Internal restructuring Manufacturing 175
24/04/2003 Spain La Camocha Internal restructuring Mining / quarrying 225
24/04/2003 Spain Babcock Internal restructuring Manufacturing 650
24/04/2003 Ireland Unifi Textured Yarns (Ireland) Internal restructuring Manufacturing 250

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