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, is recruiting 300 new workers for its personnel and accounting services center for European countries by the end of 2011. Currently, the center employs 800 people. With a total workforce of more than 10,500, Siemens is one of the largest employers in the Czech Republic where it operates over 10 facilities. In the last fiscal year, Siemens reported a turnover of CZK 30 billion.
Eurofound (2011), Siemens, Business expansion in Czechia, factsheet number 71568, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71568.