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
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
10/10/2003 Belgium SCF Offshoring/Delocalisation Retail 42
10/10/2003 Germany Lufthansa Deutschland AG Internal restructuring Transportation / storage 2,000
09/10/2003 Sweden Arcando Frontec Internal restructuring Information / communication 135
09/10/2003 United Kingdom Hoover Offshoring/Delocalisation Manufacturing 260
08/10/2003 Germany SKF Outsourcing Manufacturing 318
08/10/2003 United Kingdom Friends Provident Internal restructuring Financial services 500
08/10/2003 Italy Pharmacia Internal restructuring Manufacturing 1,150

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