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 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
01/07/2021 Croatia Hilton Business expansion Hotel / restaurants 180
30/06/2021 World Gap Closure Retail 1,000
30/06/2021 Poland Keywords Studios Business expansion Information / communication 300
30/06/2021 Greece Piraeus Bank Internal restructuring Financial services 500
30/06/2021 Finland Kesko Internal restructuring Retail 130
29/06/2021 Greece Flexcar Business expansion Administrative services 250
29/06/2021 European Union UPM Internal restructuring Manufacturing 129
29/06/2021 Portugal Santander Totta Internal restructuring Financial services 685
29/06/2021 World Softbank Robotics Internal restructuring Manufacturing 165
29/06/2021 Sweden Volvo Business expansion Manufacturing 300
29/06/2021 Poland Hutmen Bankruptcy Manufacturing 205
28/06/2021 Poland Getin Noble Bank Internal restructuring Financial services 650
26/06/2021 Poland Mars Business expansion Manufacturing 180
25/06/2021 Netherlands D-Reizen Bankruptcy/Closure Administrative services 650