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.
Chinese multinational networking and telecommunication service and manufacturing company Huawei Technologies will hire 500 people in Bucharest. Recruitment for the positions has already started and positions will be effectively filled until the opening of the new center for global services in February 2012. The new jobs are especially for IT engineers.
The company announced a further expansion of its workforce to up to 1,000 people until 2014.Huwai's global centre in Bucharest is the fourth of its kind, joining those located in China, India and Mexico.
Eurofound (2011), Huawei Technologies, Business expansion in Romania, factsheet number 72786, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72786.