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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
29 July 2002
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Austria
Fürnkranz (10 - 33) Manufacturing Internal restructuring -150
26 July 2002
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Belgium
HP - Compaq (10 - 33) Manufacturing Merger/Acquisition -165
26 July 2002
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World
Avaya (61 - 63) Information / Computing Internal restructuring -2500
25 July 2002
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Belgium
Continental (10 - 33) Manufacturing Closure -600
25 July 2002
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World
Corning (10 - 33) Manufacturing Internal restructuring -4400
25 July 2002
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Portugal
Lobo & Irmão (10 - 33) Manufacturing Closure -110
25 July 2002
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United Kingdom
ASW (10 - 33) Manufacturing Closure -800
25 July 2002
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Portugal
Lobo & Irmão (10 - 33) Manufacturing Closure -110
24 July 2002
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World
Lucent Tehnologies (10 - 33) Manufacturing Internal restructuring -7000
24 July 2002
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European Union
Crédit Lyonnais (64 - 68) Financial / Insurance/ Estate Internal restructuring -1230
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