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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
16 January 2004
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United Kingdom
NMT Group Manufacturing Internal restructuring -140
15 January 2004
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Spain
Samsung Manufacturing Closure -446
14 January 2004
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Ireland
Phillips Manufacturing Offshoring/Delocalisation -150
14 January 2004
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United Kingdom
Abbey Financial / Insurance/ Estate Offshoring/Delocalisation -400
14 January 2004
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Portugal
Brax Manufacturing Closure -450
14 January 2004
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Finland
Wärtsilä Manufacturing Offshoring/Delocalisation -425
13 January 2004
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United Kingdom
Abbey Financial / Insurance/ Estate Internal restructuring -110
13 January 2004
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Denmark
Maersk Container Industry Manufacturing Internal restructuring -85
12 January 2004
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France
Etilam Manufacturing Internal restructuring -165
12 January 2004
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France
Bosch Systèmes de Freinage Manufacturing Internal restructuring -632
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