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 descending Restructuring type Sector Planned job creation Planned job reductions min
23/11/2017 Portugal Vestas Business expansion Utilities 350
27/08/2018 Spain Vestas Offshoring/Delocalisation Manufacturing 362
28/09/2018 Denmark Vestas Internal restructuring Manufacturing 200
27/09/2019 Denmark Vestas Internal restructuring Manufacturing 90
20/04/2020 Denmark Vestas Internal restructuring Manufacturing 400
17/03/2003 Denmark Vestas a/s Internal restructuring Manufacturing 250
28/11/2006 Denmark Vestas Control Systems Business expansion Manufacturing 300
25/08/2005 Denmark Vestas Towers Bankruptcy/Closure Manufacturing 625
17/03/2004 World Vestas Wind Systems Internal restructuring Manufacturing 500
05/03/2005 Denmark Vestas Wind Systems Offshoring/Delocalisation Manufacturing 175
28/04/2009 European Union Vestas Wind Systems Internal restructuring Manufacturing 1,900
28/04/2009 Denmark Vestas Wind Systems Internal restructuring Manufacturing 1,275
29/04/2009 European Union Vestas Wind Systems Closure Manufacturing 1,900
29/04/2009 United Kingdom Vestas Wind Systems Closure Manufacturing 600

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