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 Company Restructuring type Sector Planned job creation Planned job reductions min
15/01/2021 Lithuania Technoexport Storage LT Internal restructuring Construction 100
15/01/2021 France Corsair Internal restructuring Transportation / storage 14 112
15/01/2021 Slovakia Johnson Controls Offshoring/Delocalisation Construction 532
14/01/2021 Belgium L'Oréal Offshoring/Delocalisation Manufacturing 125
14/01/2021 Germany Landesbank Baden-Württemberg (LBBW) Internal restructuring Financial services 700
14/01/2021 Lithuania Hollister Lietuva Business expansion Manufacturing 101
14/01/2021 World Norwegian Air Shuttle Internal restructuring Transportation / storage 2,000
14/01/2021 United Kingdom Norwegian Air UK Bankruptcy Transportation / storage 1,100
14/01/2021 Romania Lidl Romania Business expansion Retail 2000
14/01/2021 Sweden Hägglunds Business expansion Manufacturing 250
14/01/2021 Spain Atresmedia Internal restructuring Information / communication 120
14/01/2021 Denmark Vestas Merger/Acquisition Manufacturing 150
13/01/2021 Lithuania Vilniaus baldai Business expansion Manufacturing 140
13/01/2021 United Kingdom The Modern Milkman Business expansion Retail 300

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