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.
Systematic, a Danish software development company, has announced that it plans to create about 200 new jobs worldwide as it expands its Defence division.
The company will recruit employees for its 13 offices, including Danish hubs in Aarhus and Copenhagen. The company is looking for software developers, architects, and project managers.
The expansion is driven by a sharp increase in global demand for defence digitalisation, particularly for command-and-control systems. Rising geopolitical tensions, higher threat levels and increased defence spending worldwide have significantly boosted demand for its ‘Sita Ware’ command-and-control (C2) system used in defence.
Founded in 1985, Systematic delivers critical software solutions to a wealth of private and public-sector companies and organisations and to more than 50 countries worldwide. The company employs more than 1,100 employees at its 13 offices in Australia, Canada, Denmark, Finland, Germany, New Zealand, Romania, Sweden, the United Arab Emirates, the United Kingdom, and the United States.
Eurofound (2023), Systematic, Business expansion in World, factsheet number 204327, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204327.
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