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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
31 October 2003
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France
Sollac Lorraine Manufacturing Internal restructuring -620
30 October 2003
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France
Banque de France Financial / Insurance/ Estate Internal restructuring -2300
30 October 2003
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United Kingdom
Lloyds TSB Financial / Insurance/ Estate Offshoring/Delocalisation -1000
30 October 2003
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World
The Coca-Cola Company Manufacturing Internal restructuring -2800
30 October 2003
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World
Wolters Kluwer Media Internal restructuring -1600
29 October 2003
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France
Bronze Acior Manufacturing Closure -450
29 October 2003
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Spain
Ferraz Shawmut Manufacturing Bankruptcy -130
29 October 2003
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Austria
Vobitech Austria Manufacturing Bankruptcy -140
28 October 2003
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Sweden
Nolato Manufacturing Offshoring/Delocalisation -150
28 October 2003
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Finland
Elisa Information / Computing Internal restructuring -900
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