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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
10 October 2003
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Germany
Lufthansa Deutschland AG Transportation / Storage Internal restructuring -2000
9 October 2003
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Sweden
Arcando Frontec Information / Computing Internal restructuring -135
9 October 2003
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United Kingdom
Hoover Manufacturing Offshoring/Delocalisation -260
8 October 2003
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Italy
Pharmacia Manufacturing Internal restructuring -1150
8 October 2003
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Germany
SKF Manufacturing Outsourcing -318
8 October 2003
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United Kingdom
Friends Provident Financial / Insurance/ Estate Internal restructuring -500
7 October 2003
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Denmark
Novo Nordisk Engineering Professional Services Internal restructuring -120
7 October 2003
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Portugal
Melka Manufacturing Offshoring/Delocalisation -100
7 October 2003
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Belgium
Lear Corporations Manufacturing Internal restructuring -140
6 October 2003
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Portugal
SIC Media Internal restructuring -100
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31,582 events

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