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 27,000 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 creationsortuj malejąco Planned job reductions min
24/10/2002 France Matra Automobiles Internal restructuring Manufacturing 270
18/07/2003 Austria Erste Bank der oesterreichischen Sparkassen AG Internal restructuring Financial services 270
15/08/2002 Portugal IMS - Indústrias de Móveis Lda. Bankruptcy/Closure Manufacturing 200
26/07/2002 Belgium HP - Compaq Merger/Acquisition Manufacturing 165
24/05/2002 France Sacair-i Bankruptcy/Closure Manufacturing 156
25/02/2003 Germany HypoVereinsbank Internal restructuring Financial services 9,100
01/08/2002 Netherlands Sanmina-SCI Offshoring/Delocalisation Manufacturing 400
08/10/2003 Italy Pharmacia Internal restructuring Manufacturing 1,150
25/04/2003 United Kingdom Intercontinental Hotel Group Internal restructuring Hotel / restaurants 800
21/10/2003 Netherlands Hoogwerff Eikelenboom Internal restructuring Manufacturing 116
25/05/2002 Germany Dredsner Bank Internal restructuring Financial services 7,800
01/02/2003 Portugal Rohde Internal restructuring Manufacturing 744
02/12/2003 United Kingdom Norwich Union Offshoring/Delocalisation Financial services 2,350
05/06/2002 Germany Flender-Werft AG Internal restructuring Manufacturing 150

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