The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Wholesale / Retail 47 - Retail trade 47.2 - Retail sale of food, beverages and tobacco 47.2 - Retail sale of food, beverages and tobacco
67 jobs Number of planned job losses
Announcement Date
16 September 2026
Employment effect (start)
16 September 2026
Foreseen end date
Description
Prisma Peremarket, a Finnish retail company under the SOK Group, announced a reduction of 67 jobs in its support unit in Estonia on 16 September 2026.
This accounts for about 10 % of its total workforce of 655 employees in Estonia, with the notice period ranging from one to three months. The cuts are limited to the support functions and do not affect the company's retail network.
The restructuring follows the sale of Prisma Peremarket to Coop Eesti Keskühistu and aims to streamline operations under a new ownership structure, ensuring greater competitiveness in Estonia's tight-margin retail market. While specific details on how employees will be dismissed are not provided, the company has pledged to offer alternative roles where possible and is cooperating with the Estonian Employment Service to provide job-search assistance. The final number of redundancies will be determined within the process of transforming from Prisma to Coop.
Citation
Eurofound (2026), Prisma Peremarket, Internal restructuring in Estonia, factsheet number 301093, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/301093.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...