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
11/09/2002 France Société Nationale d'Electricité et de Thermique Internal restructuring Utilities 327
11/09/2002 Spain Avantis Marketing Bankruptcy/Closure Retail 207
10/09/2002 Belgium Brepols Internal restructuring Manufacturing 140
10/09/2002 Netherlands FNV Internal restructuring Health / social work 250
10/09/2002 European Union Interbrew Internal restructuring Manufacturing 378
10/09/2002 World American Airlines Internal restructuring Transportation / storage 7,000
10/09/2002 Belgium AMI Semiconductor (AMIS) Offshoring/Delocalisation Manufacturing 126
09/09/2002 France La Pie qui Chante Bankruptcy/Closure Manufacturing 142
09/09/2002 Netherlands Kliq Internal restructuring Administrative services 500
09/09/2002 Netherlands Interbrew NL Relocation Manufacturing 310
07/09/2002 European Union Avis Internal restructuring Administrative services 500
06/09/2002 Finland YIT Primatel Internal restructuring Construction 110
06/09/2002 United Kingdom Belfast Aerospace Internal restructuring Manufacturing 460
05/09/2002 World Zurich Financial Services Internal restructuring Financial services 4,500

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