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
11/09/2002 France Société Nationale d'Electricité et de Thermique Internal restructuring Utilities 327
15/11/2002 France WorldCom France Internal restructuring Information / communication 200
11/02/2003 Germany Howaldtswerke-Deutsche Werft AG (HDW) Internal restructuring Manufacturing 750
17/02/2003 Netherlands Rabobank Internal restructuring Financial services 1,200
29/01/2004 France Crédit Agricole Merger/Acquisition Financial services 1,100
04/10/2003 World Goodyear Internal restructuring Manufacturing 1,360
07/05/2002 France Alsavet Bankruptcy/Closure Manufacturing 550
22/01/2003 France Corsair Internal restructuring Transportation / storage 300
23/07/2003 Ireland Diamond Engineering Bankruptcy/Closure Manufacturing 117
18/07/2002 World Intel Internal restructuring Manufacturing 4,000
21/05/2002 France Fontex Bankruptcy/Closure Manufacturing 320
19/02/2004 France Terken Bankruptcy/Closure Manufacturing 117
27/10/2003 Austria Bank Austria Internal restructuring Financial services 500
21/08/2003 Finland K-Citymarket Internal restructuring Retail 143