EMCC European Monitoring Centre on Change

Restructuring related legislation

Eurofound’s ERM database on restructuring related legal regulations provides information on regulations in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The database covers statutory rules, only, and does not include collective agreements or company-level initiatives. The regulations are described in terms of their content, thresholds, involved actors and who covers the cost (if applicable). The aim is to provide an easy possibility of a cross-national comparison of the main features of restructuring related legislation.

Eurofound aims to keep this information up to date and accurate. If errors are brought to our attention, we will try to correct them. However, Eurofound accepts no responsibility or liability whatsoever with regard to the information in this database. This information is:

  • of a general nature only and is not intended to address the specific circumstances of any particular individual or entity; not necessarily comprehensive, complete, accurate or up to date;
  • sometimes linked to external sites over which Eurofound services have no control and for which Eurofound assumes no responsibility;
  • not professional or legal advice (if specific advice is needed, a suitably qualified professional should be consulted).

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.

486 items found


Make your selection by using the filters below. Multiple selection and a combination of filters can be used.

  • CountryEU 27 + UK and Norway
  • Titlethe title is made up of the country name and type, for example: Austria: working time flexibility
  • PhaseEither anticipation or management
    • Anticipationrefers to activities that help to prepare workers or companies for change.
    • Managementcovers activities required to handle a current restructuring event while minimising social costs. It refers to the steps involved in implementing an organisational change process.
  • Typethe range includes, for example, provisions for collective dismissal, information/consultation obligations, notice periods and severance payments, training obligations for employers and employees and regulations concerning working time flexibility
  • Choose bywhether the regulation is obligatory in all circumstances or only for companies over a certain size or cases affecting a certain number of workers
  • Cost covered by
    • no specific additional costs are involved
    • costs covered by national or regional governments
    • cost covered by companies in general or the specific employer undergoing restructuring
    • cost covered by employees
  • Involved actorsincluding regional or local government, works councils, employers’ organisations, trade union or public employment services. The national government, as legislator, is assumed to be involved in all regulations so is not included as a filter option.
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Titel Country Typsortera i fallande ordning Lokalt namn Engelskt namn
Austria: Rescue procedures in insolvency Austria Rescue procedures in insolvency Insolvenzordnung (IO) Insolvency Act
Portugal: Rescue procedures in insolvency Portugal Rescue procedures in insolvency Código da Insolvência e da Recuperação de Empresas (CIRE); Decreto-Lei n.º 53/2004, alterado pela Lei 6/2018 de 22 de Fevereiro - estabelece o estatuto do mediador de recuperação de empresas e pela Lei 8/2018 de 2 de Março - Regime Extrajudicial de Recuperação de Empresas Insolvency and business recovery code; Decree Law no. 53/2004, amended by Law 6/2018 of 22 February - establishes the business recovery mediator and by Law 8/2018 of 2 March - Extrajudicial recovery procedure
Sweden: Rescue procedures in insolvency Sweden Rescue procedures in insolvency Konkurslag (1987:672); Lag (1996:764) om företagsrekonstruktion Bankruptcy act (1987:672); Company reorganisation act (1996:764)
Slovenia: Rescue procedures in insolvency Slovenia Rescue procedures in insolvency Zakon o finančnem poslovanju, postopkih zaradi insolventnosti in prisilnem prenehanju (ZFPPIPP) Financial Operations, Insolvency Proceedings and Compulsory Winding-up Act (ZFPPIPP)
Belgium: Rescue procedures in insolvency Belgium Rescue procedures in insolvency Wet houdende invoeging van het Boek XX van economisch recht 'Insolventie van ondernemingen' 11 August 2017/Loi portant insertion du Livre XX dans le Code de droit économique 'Insolvabilité des entreprises', 11 August 2017; Loi relative à la continuité des entreprises; Wet van 27 mei 2013 - Wet tot wijziging van verschillende wetgevingen inzake de continuïteit van de ondernemingen/Loi de 27 Mai 2013 - Loi modifiant diverses législations en matière de continuité des entreprises Book XX of the economic code 'Insolvency of Enterprises' of 11 August 2017; Act of 27 May 2013 to modify different laws with regards to the continuity of companies
Romania: Rescue procedures in insolvency Romania Rescue procedures in insolvency Legea nr. 85/2014 privind procedurile de prevenire a insolvenţei şi de insolvenţă, publicată în Monitorul oficial al României nr. 466 din 25 iunie 2014 Law no. 85/2014 on insolvency and insolvency prevention procedures, published in the Romanian Official Gazette no. 466 of 25 June 2014
Cyprus: Rescue procedures in insolvency Cyprus Rescue procedures in insolvency Ο περι εταιρειών νόμος (κεφάλαιο 113) Companies Law (Chapter 113)
Poland: Rescue procedures in insolvency Poland Rescue procedures in insolvency Ustawa z dnia 15.05.2015 r. - Prawo restrukturyzacyjne; Ustawa z dnia 28.02.2003 r. - Prawo upadłościowe (do 31.12.2015 r. pod nazwą -Prawo upadłościowe i naprawcze) Act of 15.05.2015 -Restructuring Law; Act of 28.02.2003 - Bankruptcy Law (until 31.12.2003 under the name - Bankruptcy and Reorganisation Law)
Luxembourg: Rescue procedures in insolvency Luxembourg Rescue procedures in insolvency Alternatives à la faillite - Code du Commerce Alternative to bankrupcy - Commercial code
Norway: Rescue procedures in insolvency Norway Rescue procedures in insolvency Konkursloven; Dekningsloven Bankruptcy act; Debt recovery act
Slovakia: Rescue procedures in insolvency Slovakia Rescue procedures in insolvency Zákon č. 7/2005 Z.z. o konkurze a reštrukturalizácii a o zmene a doplnení niektorých zákonov Act No. 7/2005 Coll. on bankruptcy and restructuring and on changes and supplements to some laws
Italy: Rescue procedures in insolvency Italy Rescue procedures in insolvency Regio Decreto 16 marzo 1942, n. 267, Disciplina del fallimento, del concordato preventivo, dell'amministrazione controllata e della liquidazione coatta amministrativa; Decreto legislativo 9 gennaio 2006, n. 5 Riforma organica della disciplina delle procedure concorsuali; Decreto legge 27 giugno 2015, n. 83, coordinato con la legge di conversione 6 agosto 2015, n. 132, 'Misure urgenti in materia fallimentare, civile e processuale civile e di organizzazione e funzionamento dell’amministrazione giudiziaria'; Decreto legislativo del 12 gennaio 2019, n. 14, Codice della crisi d'impresa e dell'insolvenza in attuazione della legge 19 ottobre 2017, n. 155. Decreto legislativo 12 Gennaio 2019, n. 14 Royal Decree of 16 March 1942, no. 267, Discipline of bankruptcy and of insolvency proceedings (Bankruptcy law); Legislative decree of 9 January 2006, no. 5, Comprehensive reform of insolvency proceedings; Decree Law of 27 June 2015, no. 83, as converted into Law 6 August 2015 no. 132, Urgent measures concerning bankruptcy, the civil code, the civil procedure code and the organisation and functioning of judicial administration. Reform of the rules on corporate crisis and insolvency procedures; Law 19/10/2017 n. 155; Legislative decree 12 January 2019, n. 14, Code of business crisis and insolvency in implementation of the law of 19 October 2017, n. 155. Legislative decree 12 January 2019, n. 14
Denmark: Rescue procedures in insolvency Denmark Rescue procedures in insolvency Konkursloven LBK nr 11 af 06/01/2014 Bankruptcy Act (Consolidation Act no. 11 of 06/01/2014)
Portugal: Employment protection in relation to business transfers Portugal Employment protection in relation to business transfers Código do Trabalho (Transmissão de empresa ou estabelecimento), alterado pela Lei 14/2018 de 20 de março (Altera o regime jurídico aplicável à transmissão de empresa ou estabelecimento e reforça os direitos dos trabalhadores, procedendo à décima terceira alteração ao Código do Trabalho) Labour code (transfer of undertaking) amended by Law 14/2018 of 20 March (Changes the legal regime applicable to the transfer of business or establishment and reinforces the rights of workers, making the 13th amendement to the labor code)
Germany: Employment protection in relation to business transfers Germany Employment protection in relation to business transfers Bürgerliches Gesetzbuch Civil Code
Slovakia: Employment protection in relation to business transfers Slovakia Employment protection in relation to business transfers Zákonník práce Labour Code
Estonia: Employment protection in relation to business transfers Estonia Employment protection in relation to business transfers Töölepingu seadus; Võlaõigusseadus Employment Contracts Act; Law of Obligations Act
Greece: Employment protection in relation to business transfers Greece Employment protection in relation to business transfers Εγκύκλιος: 58455/ 2017: Μέτρα σχετικά με την προστασία των δικαιωμάτων των εργαζομένων σε περίπτωση μεταβίβασης επιχειρήσεων, εγκαταστάσεων ή τμημάτων εγκαταστάσεων η επιχειρήσεων, Σώμα Επιθεώρησης Εργασίας, 15 Μαρτίου 2017; Προεδρικό Διάταγμα 178/2002 Μέτρα σχετικά με την προστασία των δικαιωμάτων των εργαζομένων σε περίπτωση μεταβίβασης επιχειρήσεων, εγκαταστάσεων ή τμημάτων εγκαταστάσεων ή επιχειρήσεων, σε συμμόρφωση προς την Οδηγία 98/50/ΕΚ του Συμβουλίου Circular: 58455/2017: Measures concerning the protection of employees’ rights in the event of transfers of undertakings, establishments or parts of establishments or undertakings, labour inspectorate, 15 March 2017; Presidential Decree 178/2002 Measures relating to the protection of workers' rights in the event of transfers of undertakings, establishments or parts of businesses or businesses, in conformity with Council Directive 98/50/EC
Spain: Employment protection in relation to business transfers Spain Employment protection in relation to business transfers Estatuto de los Trabajadores / Law 12/2001 de medidas urgentes de reforma del mercado de trabajo para el incremento del empleo y la mejora de su calidad The Spanish 'Workers Statute' / Law 12/2001 on urgent measures to reform the labour market for increasing employment levels and the improvement of the quality of work
Lithuania: Employment protection in relation to business transfers Lithuania Employment protection in relation to business transfers Darbo kodeksas Nr. XII-2603 Labour code No XII-2603