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 25,000 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 Companysort ascending Restructuring type Sector Planned job creation Planned job reductions min
09/07/2003 United Kingdom Abbey National Internal restructuring Financial services 215 65
18/11/2005 United Kingdom Abbey Bankruptcy/Closure Financial services 140
14/01/2004 United Kingdom Abbey Offshoring/Delocalisation Financial services 400
22/11/2004 United Kingdom Abbey Merger/Acquisition Financial services 3,000
11/05/2005 United Kingdom Abbey Internal restructuring Financial services 1,000
08/02/2006 United Kingdom Abbey Internal restructuring Financial services 1,000
13/01/2004 United Kingdom Abbey Internal restructuring Financial services 110
25/10/2005 United Kingdom Abbey Internal restructuring Financial services 2,500
06/05/2003 Sweden Abba Seafood Internal restructuring Manufacturing 135
08/06/2011 Portugal ABB Stotz Closure Manufacturing 171
19/03/2009 Norway ABB Robotics Offshoring/Delocalisation Manufacturing 100
14/05/2003 Netherlands ABB Lummus Global Internal restructuring Manufacturing 200
24/01/2019 Italy ABB Italia Offshoring/Delocalisation Manufacturing 123
26/05/2008 Italy ABB Italia Business expansion Manufacturing 200

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