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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 2005
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Cyprus
Arab Bank Financial / Insurance/ Estate Internal restructuring -60
31 October 2005
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United Kingdom
BAE Systems Manufacturing Closure -200
31 October 2005
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Germany
JVC Manufacturing Closure -225
31 October 2005
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Romania
Moldoplast Manufacturing Internal restructuring -200
31 October 2005
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France
MCCORMICK Manufacturing Internal restructuring -260
29 October 2005
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Germany
BP Manufacturing Internal restructuring -600
28 October 2005
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United Kingdom
Nippon Electric Glass Manufacturing Closure -400
28 October 2005
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United Kingdom
Visteon Manufacturing Relocation -94
28 October 2005
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Hungary
Malév Hungarian Airlines Transportation / Storage Internal restructuring -350
28 October 2005
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Lithuania
Rimi LIetuva Wholesale / Retail Business expansion +345
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