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.
Austria's smallest mobile communications provider Hutchison "3" Austria will increase its workforce by 112 new staff by the end of 2010. This was announced by the company's CEO, Mr Trionow. The company has profited from the boom of mobile internet. According to the company, Hutchison "3" Austria is the country's third biggest internet provider. The number of customers has increased by 27 percentage points between March 2009 and March 2010. However, the Austrian unit of the Hong Kong group is still not operating profitably.
Eurofound (2010), Hutchison 3G Austria, Business expansion in Austria, factsheet number 71048, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71048.