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 22,000 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.

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Announcement date Country Company Restructuring type Sector Planned job creationsort descending Planned job reductions min
30/03/2002 World Bull Internal restructuring Manufacturing 2,100
21/01/2003 United Kingdom BAE Systems Internal restructuring Manufacturing 1,000
19/03/2003 Denmark Alm. Brand Internal restructuring Financial services 100
13/12/2002 France L'outilleur Auvergnat Bankruptcy/Closure Retail 139
16/07/2002 Germany Taurus Medias Technik GmbH Bankruptcy/Closure Information / communication 370
22/11/2002 Finland Tecnomen Internal restructuring Information / communication 260
06/08/2002 France Corsair Internal restructuring Transportation / storage 270
03/09/2003 Sweden Ericsson Internal restructuring Manufacturing 1,700
23/09/2003 Finland Mäntyluoto Works Internal restructuring Manufacturing 160
26/10/2003 Austria ÖFA Akkumulatoren Ges.m.b.H. Internal restructuring Manufacturing 140
09/04/2003 Germany Agilent Technologies Internal restructuring Manufacturing 120
31/03/2003 Sweden Skanska Internal restructuring Construction 275
15/01/2003 France Ralph Lauren Relocation Manufacturing 147
25/07/2003 France Tiscali France Internal restructuring Information / communication 162

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