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 creation Planned job reductions min
03/06/2003 Finland Sampo Bank Internal restructuring Financial services 346
31/05/2003 Sweden TeliaSonera Internal restructuring Information / communication 1,500
30/05/2003 Finland LU keksit Internal restructuring Manufacturing 55
30/05/2003 Finland Orion Pharma Internal restructuring Manufacturing 300
30/05/2003 France La Fonderie de Précision d'Alsace (FPA) Bankruptcy/Closure Manufacturing 126
28/05/2003 Finland Metso Paper Internal restructuring Manufacturing 200
28/05/2003 Germany Grundig Bankruptcy/Closure Manufacturing 1,400
28/05/2003 Netherlands Robeco Internal restructuring Financial services 50
27/05/2003 France Sollac Atlantique Internal restructuring Manufacturing 830
27/05/2003 European Union Metso Paper Internal restructuring Manufacturing 300
27/05/2003 Denmark Kvickly Internal restructuring Retail 400
27/05/2003 France APM Bankruptcy/Closure Manufacturing 358
26/05/2003 France Grandy Bankruptcy/Closure Manufacturing 128
23/05/2003 Denmark Maersk Air Internal restructuring Transportation / storage 160

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