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 the 8th of November 2011, the residential properties firm Deutsche Annington announced to create some 1,000 jobs until 2013. These jobs are reported to be created both by the employment of 400 additional caretakers all over Germany and by a joint venture with B&O Messtechnik & Service company in two steps until 2013.
Job creation is part of the company's business expansion scheme and improved operational results. Headquartered in Bochum, Deutsche Annington currently employs over 1,100 staff.
Eurofound (2011), Deutsche Annington, Business expansion in Germany, factsheet number 72720, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72720.