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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
21 June 2004
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Netherlands
Rabobank (64 - 68) Financial / Insurance/ Estate Internal restructuring -1200
19 June 2004
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Finland
GlobeGround (49 - 53) Transportation / Storage Internal restructuring -110
19 June 2004
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Poland
Przedsiębiorstwo Energetyczne Systemy Ciepłownicze (35) Electricity Internal restructuring -200
18 June 2004
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World
Fortum (35) Electricity Internal restructuring -180
18 June 2004
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Finland
UPM (10 - 33) Manufacturing Internal restructuring -160
18 June 2004
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Spain
Promek (10 - 33) Manufacturing Closure -350
18 June 2004
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Italy
Agv (10 - 33) Manufacturing Offshoring/Delocalisation -182
17 June 2004
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United Kingdom
HSBC (64 - 68) Financial / Insurance/ Estate Internal restructuring -3500
16 June 2004
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Finland
Flextronics (10 - 33) Manufacturing Offshoring/Delocalisation -150
16 June 2004
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United Kingdom
Alliance & Leicester (64 - 68) Financial / Insurance/ Estate Merger/Acquisition -330
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