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
16/06/2003 France Newell Rubbermaid Internal restructuring Transportation / storage 322
16/06/2003 Portugal Siulpe Internal restructuring Manufacturing 150
15/06/2003 Portugal Valeo Internal restructuring Manufacturing 153
13/06/2003 Sweden NCC Internal restructuring Construction 195
11/06/2003 France Michelin Internal restructuring Manufacturing 354
11/06/2003 France Services et Transports Bankruptcy/Closure Transportation / storage 40
09/06/2003 Spain El Arbol Internal restructuring Retail 700
08/06/2003 Italy Ryanair Business expansion Transportation / storage 300
08/06/2003 Sweden Saab Aerospace Internal restructuring Manufacturing 350
06/06/2003 United Kingdom Cable & Wirless Internal restructuring Information / communication 1,500
06/06/2003 France Thomson Internal restructuring Manufacturing 20 60
06/06/2003 Belgium Société Nationale des Chemins de Fer Belges (SNCB) Internal restructuring Transportation / storage 4,000
06/06/2003 France SAS Philippe Deshoulière Bankruptcy/Closure Manufacturing 50
06/06/2003 Finland Flextronics Internal restructuring Manufacturing 130

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