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.
Seli group, a company operating n the underground excavation sector, is to create 400 new jobs by the end of 2013. Namely, 200 new jobs will be created by the end of 2012 and another 200 in 2013. The company will mainly hire engineers.
The business expansion is due to an increase in participation in community projects, such as railways, metro, aqueducts, sewers and urban services, especially in foreign countries.
Seli has around 600 employees and is specialized in the manufacturing of tunnel boring machines (TBM).
Eurofound (2012), Seli, Business expansion in Italy, factsheet number 73582, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73582.