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
26/03/2003 Germany Hamburg-Mannheimer Internal restructuring Financial services 300
25/03/2003 United Kingdom ICI Paints Internal restructuring Manufacturing 1,450
25/03/2003 Spain Hispano Carrocera Internal restructuring Manufacturing 420
24/03/2003 Sweden JM Internal restructuring Construction 100
22/03/2003 Belgium ABB Internal restructuring Manufacturing 597
22/03/2003 Italy Zincocelere Bankruptcy/Closure Manufacturing 190
22/03/2003 United Kingdom Bank of America Internal restructuring Financial services 110
22/03/2003 United Kingdom Dixons Internal restructuring Retail 350
22/03/2003 United Kingdom Heinz Internal restructuring Manufacturing 405
21/03/2003 France Air Lib Technics Bankruptcy/Closure Transportation / storage 378
21/03/2003 France SIE Internal restructuring Manufacturing 177
21/03/2003 Austria Baxter Internal restructuring Manufacturing 185
21/03/2003 European Union Royal KPN Internal restructuring Information / communication 800
20/03/2003 France Alcatel Business Systems Internal restructuring Manufacturing 350

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