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.
Axis Communications, an IT company offering network video solutions for professional installations with a focus on security surveillance, intends to create 120 jobs worldwide. More than half of these jobs will be at its main office in Lund, Sweden and the rest will be among its 18 offices worldwide. Due to the ongoing technological shift from the old analogue technique to the modern digital and an increased global interest in safety issues, the market is rapidly expanding and Axis plans to exploit the opportunity to increase its business. Last year the company had a 27 % growth in employment, and they plan to reach that number again this year.
Eurofound (2008), Axis Communications, Business expansion in Sweden, factsheet number 66407, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66407.