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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
26 September 2008
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World
HSBC Financial / Insurance/ Estate Internal restructuring -1100
26 September 2008
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Belgium
Prado Tuft Manufacturing Closure -182
25 September 2008
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Slovenia
Revoz Manufacturing Internal restructuring -200
25 September 2008
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Sweden
Arctic Paper Manufacturing Closure -300
25 September 2008
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Denmark
Saxo Bank Financial / Insurance/ Estate Internal restructuring -300
25 September 2008
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Romania
Procter & Gamble Other Services Business expansion +300
25 September 2008
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Ireland
Tyco Safety Products Manufacturing Offshoring/Delocalisation -320
25 September 2008
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Italy
Stampal Manufacturing Closure -120
25 September 2008
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Hungary
Berwin Ruhagyár Manufacturing Closure -395
24 September 2008
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Czechia
Bosch Diesel Manufacturing Internal restructuring -425
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