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.
British mobile phone company Vodafone is opening a shared services centre in Budapest, the CEO of the company's Hungarian unit announced. The centre will employ 700 people by 2009 and will carry out simple business transactions, such as business-to-business billing and accounts payable. The centre will provide services for all of Vodafone's worldwide operations, including human resources. Details of a contract with the Hungarian government are still being negotiated and the date of opening the centre has not been announced yet.
Eurofound (2007), Vodafone, Business expansion in Hungary, factsheet number 65344, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65344.