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
04/10/2002 Ireland SmartForce Internal restructuring Information / communication 120
03/10/2002 Belgium Siemens Atea Internal restructuring Manufacturing 169
03/10/2002 Netherlands Tulp Keukens Internal restructuring Manufacturing 100
02/10/2002 Italy Capitalia Internal restructuring Financial services 5,246
01/10/2002 Sweden Flextronics Internal restructuring Manufacturing 275
01/10/2002 Belgium Dexia Internal restructuring Financial services 2,500
01/10/2002 France Saint-Gobain Offshoring/Delocalisation Manufacturing 190
30/09/2002 France Bayer Cropscience Internal restructuring Manufacturing 839
30/09/2002 Portugal Bernardo Machado Bankruptcy/Closure Manufacturing 150
30/09/2002 Sweden Kronfågel Internal restructuring Manufacturing 239
30/09/2002 Netherlands Ericsson Internal restructuring Manufacturing 400
30/09/2002 Germany Ericsson Bankruptcy/Closure Manufacturing 350
30/09/2002 Austria Bilderland Internal restructuring Professional services 130
28/09/2002 Germany Adrem Uitgeverijen BV Bankruptcy/Closure Information / communication 140

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