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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
8 March 2003
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United Kingdom
Prudential Financial / Insurance/ Estate Offshoring/Delocalisation -1000
7 March 2003
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United Kingdom
British Telecom Information / Computing Offshoring/Delocalisation -2000
7 March 2003
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Belgium
Linpac Automotive Manufacturing Bankruptcy -235
7 March 2003
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Germany
ABB Manufacturing Internal restructuring -1350
6 March 2003
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World
Bombardier Manufacturing Internal restructuring -3000
6 March 2003
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Austria
Elektronikwerk Wien EWW Manufacturing Closure -200
6 March 2003
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Sweden
Emerson Energy Systems Manufacturing Offshoring/Delocalisation -150
6 March 2003
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Portugal
Indelma Manufacturing Closure -1400
6 March 2003
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United Kingdom
Shorts Manufacturing Internal restructuring -600
5 March 2003
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Belgium
BSI Manufacturing Internal restructuring -271
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