EMCC European Monitoring Centre on Change


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 creation Planned job reductions min
16/10/2003 World Universal Music Internal restructuring Information / communication 800
15/10/2003 Ireland Allied Computer Services (ACS) Business expansion Information / communication 100
15/10/2003 Italy Novaceta Internal restructuring Manufacturing 50
15/10/2003 Belgium Monsanto Relocation Manufacturing 60
15/10/2003 France Ascom Internal restructuring Information / communication 171
15/10/2003 Denmark Ørskov Staalskibsværft (Ørskov Shipyard) Internal restructuring Manufacturing 784
14/10/2003 Italy Tecnosistemi Bankruptcy/Closure Construction 184 2,000
14/10/2003 World SKF Internal restructuring Manufacturing 1,400
13/10/2003 Ireland Dedicated Pharmaceutical Specialists Engineering (DPS) Business expansion Manufacturing 250
13/10/2003 France Brake France Internal restructuring Manufacturing 320
12/10/2003 Portugal Baiona Bankruptcy/Closure Manufacturing 200
11/10/2003 Sweden Ovako Internal restructuring Manufacturing 170
10/10/2003 Ireland B&Q Business expansion Retail 165
10/10/2003 Belgium Fortis Bank Internal restructuring Financial services 160