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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
22 January 2003
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Italy
Assicurazioni Generali Financial / Insurance/ Estate Internal restructuring -600
21 January 2003
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Italy
Embraco Manufacturing Internal restructuring -300
21 January 2003
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United Kingdom
BAE Systems Manufacturing Internal restructuring -1000
21 January 2003
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France
Cogema Manufacturing Closure -306
21 January 2003
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Ireland
Logica Information / Computing Merger/Acquisition -310
21 January 2003
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United Kingdom
Powergen Electricity Relocation -976
20 January 2003
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Germany
Warsteiner Manufacturing Internal restructuring -152
18 January 2003
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United Kingdom
European Component Corporation Manufacturing Internal restructuring -296
17 January 2003
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Belgium
BBL (Banque Bruxelles Lambert) Financial / Insurance/ Estate Internal restructuring -750
17 January 2003
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Portugal
Yazaki Saltano Manufacturing Offshoring/Delocalisation -1100
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