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 creationsort descending Planned job reductions min
19/02/2020 Spain Airbus Internal restructuring Manufacturing 900
28/12/2020 Germany Commerzbank Internal restructuring Financial services 2,300
29/09/2020 Spain Gestamp Closure Manufacturing 230
16/09/2020 Spain ITP Aero Internal restructuring Manufacturing 569
15/07/2020 United Kingdom Vertu Motors Internal restructuring Retail 345
22/07/2020 Germany Berlin-Brandenburger Fluggesellschaft Internal restructuring Transportation / storage 400
02/06/2020 France Scalian CMT+ Internal restructuring Professional services 100
22/04/2020 Bulgaria Rudmetal Closure Mining / quarrying 195
30/03/2020 Czechia Teplice nad Bečvou Spa Internal restructuring Health / social work 150
05/11/2020 United Kingdom Sainsbury's Internal restructuring Retail 3,500
01/09/2020 Germany Continental Internal restructuring Manufacturing 13,000
02/07/2020 United Kingdom WHSmith Internal restructuring Retail 1,850
06/07/2020 Germany Premium Aerotec Internal restructuring Manufacturing 2,800
26/06/2020 Finland Norwegian Air Resources Finland Bankruptcy Transportation / storage 120

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