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.
Czech railway engineering company Legios is to create 150 new jobs due to the new contract signed with the railway transport Germany-based firm Havellandische Eisenbahn Aktiengesellschaft (HVLE). The contract is worth CZK 270 million (€9.84 million). The delivery of the wagons will take place by the end of 2014.
Legios with its 140-year-old tradition employs more than 1,300 employees.
Currently, the company is one of the significant European players in the field of railway technology.
ERM reported previously a restructuring event in 2011.
Eurofound (2014), Legios, Business expansion in Czechia, factsheet number 77325, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77325.