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.
HTEC Group, a U.S. based company focused on developing technology services, consulting and software, announced its plans to create up to 1,000 jobs in four cities across Romania: Bucharest, Cluj-Napoca (Cluj County), Timișoara (Timis County) and Iași (Iasi County). The new jobs are created following an investment of more than € 134 million by HTEC in its global expansion.
The Silicon Valley company announced its commitment to create development opportunities for local IT talent and to get involved in developing novel digital products for industries such as healthcare, transportation and smart mobility, retail, finance, media and entertainment, green technologies and energy as well as technologies used in science and research.
Founded in September 2008 in Serbia and headquartered in San Francisco, HTEC is a global company with development centres comprising over 800 engineers across Eastern Europe, with local offices in the USA, United Kingdom, Sweden, Netherlands, Slovenia.
Eurofound (2022), HTEC Group, Business expansion in Romania, factsheet number 106931, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106931.