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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 February 2003
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Germany
KirchMedia Media Bankruptcy -160
21 February 2003
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Netherlands
Friesland Bank Financial / Insurance/ Estate Internal restructuring -100
21 February 2003
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Italy
Alcatel Manufacturing Internal restructuring -300
21 February 2003
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Belgium
Textiles d'Ere Manufacturing Closure -100
20 February 2003
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Portugal
Banco Espírito Santo Financial / Insurance/ Estate Internal restructuring -250
20 February 2003
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France
Poterie Lorraine Manufacturing Closure -103
19 February 2003
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Denmark
B&O Medicom Manufacturing Internal restructuring -100
19 February 2003
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Portugal
Seguros e Pensões Financial / Insurance/ Estate Merger/Acquisition -305
19 February 2003
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Netherlands
Ordina NV Information / Computing Internal restructuring -225
18 February 2003
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United Kingdom
Reuters Media Internal restructuring -3000
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