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.
Siemens, a global electrical engineering giant, has decided to administrate its personnel and accounting agenda for European countries from two Czech centres located in Prague and Ostrava resulting in over 300 new jobs created within two years. Currently, the centres employ about 800 people. The decision to extend the two Czech sites signifies that Czech Republic is a good place for business activity with the opportunity to find qualified workers with foreign languages.
It is announced that recruitment will begin immediately.
Eurofound (2010), Siemens, Business expansion in Czechia, factsheet number 71029, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71029.