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
11/09/2003 World Wärtsilä Internal restructuring Manufacturing 400
20/11/2003 France FCI Electrique France Internal restructuring Manufacturing 130
29/09/2003 Germany Mannheimer Versicherungen Internal restructuring Financial services 130
31/05/2002 Finland L-fashion group Offshoring/Delocalisation Manufacturing 100
29/04/2003 France ABN Amro Internal restructuring Financial services 400
18/07/2002 Germany Commerzbank AG Internal restructuring Financial services 4,300
30/05/2002 United Kingdom Barclays Internal restructuring Financial services 1,000
24/09/2003 World Ticona Internal restructuring Manufacturing 140
04/11/2003 United Kingdom Endeva Internal restructuring Administrative services 600
31/05/2002 Finland NK Cables Internal restructuring Manufacturing 300
29/04/2002 Sweden Ericsson Internal restructuring Manufacturing 10,000
30/08/2002 France France Champignon Internal restructuring Manufacturing 146
16/10/2003 France Vico Internal restructuring Manufacturing 40
23/08/2002 Portugal Bellino & Bellino Bankruptcy/Closure Manufacturing 115

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