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
13/08/2002 Denmark Lindø Værft Internal restructuring Manufacturing 510
09/08/2002 Finland Ericsson Internal restructuring Manufacturing 90
09/08/2002 Finland Sandvik Tamrock Internal restructuring Manufacturing 250
09/08/2002 Finland Patria Vammas Internal restructuring Manufacturing 100
09/08/2002 Finland Siemens Internal restructuring Manufacturing 100
08/08/2002 World Draka Internal restructuring Manufacturing 700
08/08/2002 United Kingdom Marconi Internal restructuring Manufacturing 2,000
08/08/2002 World Nokia (Nokia Networks) Internal restructuring Manufacturing 900
08/08/2002 Belgium La Poste Internal restructuring Transportation / storage 8,000
08/08/2002 Spain Bilore Internal restructuring Manufacturing 539
08/08/2002 United Kingdom Royal & Sun Alliance Internal restructuring Financial services 1,200
08/08/2002 World Philips Communication, Image & Security (CIS) Merger/Acquisition Manufacturing 1,300
07/08/2002 Germany Quam Internal restructuring Information / communication 800
07/08/2002 France Nouvelles Frontières Internal restructuring Administrative services 150