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 5 July 2007 the Japanese group Olympus announced its plans to establish a new R&D centre in Munich which will specialise in medical technologies. With this decision Olympus is aiming to concentrate in
Munich a variety of activities that are currently scattered over Germany and Europe. Therefore, 250 already existing jobs will be transferred from other European and German Olympus sites to the new centre in Munich. Another 200 new jobs are expected to be created by the end of 2009. The investment in the R&D centre is expected to reach approximately 15 million Euros.
Eurofound (2007), Olympus, Business expansion in Germany, factsheet number 65576, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65576.