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.
The Akt.io platform, created by the Irish subsidiary of Automata Group, is a ‘wealthtech’ platform aiming to democratise access to wealth management. It has collected a €27 million fundraising and is to create over 200 jobs in Biot. The reason behind the job creation is to boost its research and development activity.
The company is already present in Paris, Dublin, London, Berlin, and Dubai, and opened new offices in the technology hub of southern France, in Sophia Antipolis, in 2020, where it has recruited more than 100 people over the past eight months.
Eurofound (2022), Automata, Business expansion in France, factsheet number 106545, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106545.