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.
US software firm Red Hat has announced the creation of 150 new jobs with the expansion of its technology centre in Brno. As of July 2011 there is no precise information on the timeline of this job creation.
The company has obtained a CZK 100 million grant from European funds to boost employment in the IT sector. Set up in 2006, the centre currently employs 300 people.
Eurofound (2011), Red Hat, Business expansion in Czechia, factsheet number 72235, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72235.