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 27,000 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 ascending Planned job reductions min
15/05/2003 World Scala Business Solutions Internal restructuring Information / communication 65
08/03/2003 United Kingdom Prudential Offshoring/Delocalisation Financial services 1,000
07/10/2002 Sweden Ericsson Internal restructuring Manufacturing 1,600
09/06/2003 Spain El Arbol Internal restructuring Retail 700
30/08/2002 Finland Kemira Oyj Internal restructuring Manufacturing 100
30/05/2003 Finland Orion Pharma Internal restructuring Manufacturing 300
27/03/2003 France Malbranque Bankruptcy/Closure Manufacturing 146
04/11/2003 World Tyco International Internal restructuring Manufacturing 7,200
28/03/2004 Sweden Berendsen Textile Service Bankruptcy/Closure Administrative services 100
30/10/2002 Belgium Alstom T&D Belgium Internal restructuring Manufacturing 100
05/07/2002 Spain Banco de Espana Internal restructuring Financial services 340
12/09/2002 France Danel Merger/Acquisition Manufacturing 279
30/06/2003 France Solectron Internal restructuring Manufacturing 749
06/03/2003 United Kingdom Shorts Internal restructuring Manufacturing 600

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