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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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Announcement date Country Company Sector Restructuring type Employment change
13 March 2003
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France
Coventry (10 - 33) Manufacturing Closure -190
13 March 2003
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European Union
EADS European Aeronautic Defence and Space (10 - 33) Manufacturing Internal restructuring -1600
13 March 2003
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Netherlands
Heijmans (41 - 43) Construction Internal restructuring -280
12 March 2003
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Sweden
Sanmina (10 - 33) Manufacturing Internal restructuring -130
12 March 2003
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United Kingdom
Canal+ (58 - 60) Media Internal restructuring -300
10 March 2003
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Netherlands
Organon NV (10 - 33) Manufacturing Internal restructuring -150
8 March 2003
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United Kingdom
Prudential (64 - 68) Financial / Insurance/ Estate Offshoring/Delocalisation -1000
7 March 2003
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United Kingdom
British Telecom (61 - 63) Information / Computing Offshoring/Delocalisation -2000
7 March 2003
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Belgium
Linpac Automotive (10 - 33) Manufacturing Bankruptcy -235
7 March 2003
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Germany
ABB (10 - 33) Manufacturing Internal restructuring -1350
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