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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
12 March 2004
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France
La Poste Financial / Insurance/ Estate Internal restructuring -2800
12 March 2004
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Germany
Siemens Manufacturing Offshoring/Delocalisation -2000
11 March 2004
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France
Anoflex-Contitech Manufacturing Offshoring/Delocalisation -182
10 March 2004
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World
WM-data Novo Information / Computing Internal restructuring -152
10 March 2004
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Spain
Galler Textiles Manufacturing Closure -316
9 March 2004
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France
Focast Manufacturing Bankruptcy -105
9 March 2004
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Portugal
Tarf Manufacturing Closure -200
5 March 2004
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Ireland
Wessel Industries Manufacturing Closure -120
5 March 2004
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United Kingdom
P&O Nedlloyd Transportation / Storage Internal restructuring -1200
5 March 2004
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United Kingdom
B&Q Wholesale / Retail Business expansion +3500
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