Company restructuring has become a constant feature of the economic landscape of the European Union, driven by market changes, increased competition and globalisation. One way of minimising the negative social effects of restructuring is to encourage people affected by restructuring to set up their own business. This report examines the critical elements that positively and negatively affect business creation and entrepreneurship following company restructuring in Europe. It looks at different strategies developed by public and private actors to foster business creation. It presents case studies from six countries of successful examples of company restructuring, outlining in detail the experiences of business creation and development following the restructuring process.