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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
7 July 2006
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European Union
Altadis Manufacturing Internal restructuring -472
6 July 2006
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United Kingdom
Axa Financial / Insurance/ Estate Internal restructuring -150
6 July 2006
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France
Comasec Manufacturing Offshoring/Delocalisation -131
6 July 2006
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Romania
Accenture Professional Services Business expansion +1000
6 July 2006
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Ireland
IBM Information / Computing Business expansion +300
6 July 2006
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United Kingdom
Southport and Ormskirk NHS Trust Health / Social work Internal restructuring -250
6 July 2006
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Germany
Siemens SBS Information / Computing Internal restructuring -350
6 July 2006
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Netherlands
Philips Lighting Manufacturing Offshoring/Delocalisation -125
6 July 2006
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Portugal
Abertis Transportation / Storage Business expansion +5000
6 July 2006
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Finland
Draka Comteq Finland Manufacturing Offshoring/Delocalisation -170
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