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
30/11/2020 Germany Escada Bankruptcy Retail 100
30/11/2020 United Kingdom Pizza Hut UK Business expansion Hotel / restaurants 2500
30/11/2020 France Robert Bosch Automotive Steering Vendôme Internal restructuring Manufacturing 49
30/11/2020 Lithuania Baltik vairas Business expansion Manufacturing 70
30/11/2020 Netherlands BAT Niemeyer Offshoring/Delocalisation Manufacturing 185
30/11/2020 Finland Neste Internal restructuring Manufacturing 370
30/11/2020 France Disneyland Paris Internal restructuring Arts / entertainment 1,000
28/11/2020 Italy Banco Desio Internal restructuring Financial services 100
27/11/2020 Czechia Letiště Praha (Prague Airport) Internal restructuring Transportation / storage 150
26/11/2020 Poland PCC Consumer Products Czechowice Closure Manufacturing 200
26/11/2020 Denmark Danske Bank Internal restructuring Financial services 316
26/11/2020 European Union Neways Electronics International Internal restructuring Manufacturing 250
26/11/2020 Slovenia Hisense Gorenje Business expansion Manufacturing 300
26/11/2020 World Danske Bank Internal restructuring Financial services 518

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