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Restructuring events

European Restructuring Monitor (ERM)

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.

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Restructuring events database
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Announcement date Country Company Sector Restructuring type Employment change
25 September 2004
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Finland
Flextronics (10 - 33) Manufacturing Offshoring/Delocalisation -210
25 September 2004
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Spain
Carrefour (46 - 47) Wholesale / Retail Business expansion +300
25 September 2004
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Poland
Tele-Fonika Kable (10 - 33) Manufacturing Business expansion +100
24 September 2004
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United Kingdom
Richmond Foods (10 - 33) Manufacturing Closure -175
24 September 2004
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Portugal
Sobrinca, Brinquedos e Utilidades para Criança (10 - 33) Manufacturing Closure -150
24 September 2004
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Germany
Norddeutsche Landesbank (NordLB) (64 - 68) Financial / Insurance/ Estate Internal restructuring -1200
24 September 2004
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France
Bastide Technologies (10 - 33) Manufacturing Closure -92
24 September 2004
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Sweden
Autoliv (10 - 33) Manufacturing Offshoring/Delocalisation -275
23 September 2004
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United Kingdom
Norwich Union (77 - 82) Adminstrative / Support Services Offshoring/Delocalisation -3300
23 September 2004
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United Kingdom
Nissan (10 - 33) Manufacturing Business expansion +200
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