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.
American company Honeywell, the manufacturer of civil and military avionics and other aerospace products, sets up a global development centre in Prague. The centre will employ 150 people by the end of 2006, and about 475 specialists will be employed there until the end of 2007.
Overall, Honeywell employs over 2,000 people in the Czech Republic.
Eurofound (2006), Honeywell, Business expansion in Czechia, factsheet number 63792, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63792.