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.
The opening of Meresuu Spa & Hotel in Narva-Jõesuu in May 2008 will create about 130 new jobs.
Egeria Kinnisvara, a local company, will become the biggest employer in the Kirde-Eesti area. The four-star eleven-storey hotel will have an entertainment and spa complex and most of the local people who will be hired will need occupational as well as language training because in the area there are not enough potential employees with the necessary skills and qualifications.
Eurofound (2008), Meresuu Spa & Hotel, Business expansion in Estonia, factsheet number 66188, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66188.