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.
On 12 June 2006, Ferchau Engineering, one of Germanys engineering suppliers offering consultancy services and engineering solutions, announced the creation of 250 jobs till the end of 2006. Another 250 jobs shall be created till the end of 2008. The creation of jobs is part of its business expansion plan. Ferchau benefits from the outsourcing strategies of many German establishments in the automobile industry, in the telecommunications and information technologies sectors or in the aircrafts and spacecrafts industry. Ferchau consists of 29 branches in Germany and reports an annual turnover of 150,000,000 Euro.
Eurofound (2006), Ferchau Engineering, Business expansion in Germany, factsheet number 63643, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63643.