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
08/04/2003 France Manurhin Bankruptcy/Closure Manufacturing 390
08/04/2003 France Look Voyages Internal restructuring Administrative services 86
07/04/2003 Netherlands Philips Domestic Appliances & Personal Care Offshoring/Delocalisation Manufacturing 330
05/04/2003 Italy Girasole Bankruptcy/Closure Manufacturing 250
05/04/2003 Finland Elcoteq Internal restructuring Manufacturing 86
03/04/2003 Finland Valmet Automotive Bankruptcy/Closure Manufacturing 730
03/04/2003 Finland Finnair Internal restructuring Transportation / storage 1,200
03/04/2003 Finland Rautaruukki Internal restructuring Manufacturing 565
03/04/2003 Finland Outokumpu Copper Internal restructuring Manufacturing 200
03/04/2003 Austria Legrand Internal restructuring Manufacturing 160
02/04/2003 France Sauvageau Commercy Soudure (SCS) Internal restructuring Manufacturing 83
02/04/2003 European Union Coop Norden Internal restructuring Retail 600
02/04/2003 Netherlands Vodafone Libertel N.V. Internal restructuring Information / communication 250
02/04/2003 European Union Kappa Packaging Internal restructuring Manufacturing 630