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 4 August 2010, engine manufacturer Tognum reported that it would create 440 jobs by the end of the year. After a decline in orders during the economic crisis, the company has recently started to receive more orders and they therefore need more staff. Tognum currently employs around 8,800 people worldwide.
Eurofound (2010), Tognum, Business expansion in Germany, factsheet number 70794, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70794.