EMCC European Monitoring Centre on Change


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 rosnąco Planned job reductions min
09/10/2003 United Kingdom Hoover Offshoring/Delocalisation Manufacturing 260
05/09/2003 United Kingdom Royal & Sun Alliance Internal restructuring Financial services 1,000
29/06/2002 European Union Preussag Internal restructuring Administrative services 2,200
16/01/2004 United Kingdom NMT Group Internal restructuring Manufacturing 140
06/11/2002 Italy Banca Popolare Commercio Industria Internal restructuring Financial services 890
07/03/2003 Belgium Linpac Automotive Bankruptcy/Closure Manufacturing 235
09/01/2003 Netherlands LG Philips Internal restructuring Manufacturing 252
23/05/2002 France VVF Internal restructuring Hotel / restaurants 150
30/09/2002 Portugal Bernardo Machado Bankruptcy/Closure Manufacturing 150
26/11/2003 Ireland Dairygold Internal restructuring Manufacturing 500
01/02/2003 Spain Michelin Internal restructuring Manufacturing 1,200
31/03/2003 France Matra Venture Composites Bankruptcy/Closure Manufacturing 450
28/10/2003 United Kingdom Cadbury Schweppes Internal restructuring Manufacturing 550
21/06/2002 Ireland Nortel's Northern operation Internal restructuring Manufacturing 200