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.
Computer software firm Business Objects has announced that it will invest €29 million in a Dublin research and development (R&D) facility, which is expected to employ 100 people by 2012. It is expected that the R&D centre will have 50 staff in place in the new facility by the end of 2008. It is understood that the new centre will focus on performance optimisation technologies, which help businesses link strategy with operations.
Business Objects was taken over last year by German-owned software company SAP. SAP is now the largest software company in Europe and the third biggest in the world. In total, the two companies currently employ more than 1,000 people in Dublin and Galway.
Eurofound (2008), Business Objects, Business expansion in Ireland, factsheet number 66884, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66884.