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
22/05/2003 Austria UTA Telekom Internal restructuring Information / communication 92
22/05/2003 Belgium CB Direct Bankruptcy/Closure Financial services 200
22/05/2003 Sweden Orrefors Kosta Boda Internal restructuring Manufacturing 158
21/05/2003 Netherlands Stork Industrial Modules & Stork Electronics Internal restructuring Manufacturing 115
21/05/2003 Finland TeliaSonera Internal restructuring Information / communication 170
21/05/2003 European Union Group 4 Falck Internal restructuring Administrative services 250
20/05/2003 European Union Gallaher Internal restructuring Manufacturing 430
20/05/2003 Ireland Gallaher Internal restructuring Manufacturing 121
20/05/2003 Netherlands KLM Cargo Internal restructuring Transportation / storage 325
19/05/2003 Denmark Royal Copenhagen Internal restructuring Manufacturing 175
19/05/2003 Sweden Volvo Aero Internal restructuring Manufacturing 150
17/05/2003 Greece Super Market Antonopoulos Bankruptcy/Closure Retail 150
17/05/2003 Greece Yvoni Stores S.A. Bankruptcy/Closure Retail 120
16/05/2003 Belgium Umicore Internal restructuring Manufacturing 126

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