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.
Electricity and telecom company Lyse is to hire 200 new employees in 2015.
Thirteen new positions for financial officer and analysts, engineers, technicians and business developers are already open and the recruitment has started.
A new power plant is under construction in Lysebotn, and the company is to invest in competence and technology. In order to accommodate the new employees, the company is also expanding its headquarters in Stavanger with new office space for 4-500 employees.
Due to the difficult market situation in the petroleum sector, the number of engineers looking for work is unusually high. The company is having no trouble finding well qualified applicants, in stark contrast to the situation just a few years earlier. Oil companies then drained the labor market by offering much higher salaries than mainland businesses, and recruitment was challenging for other technology companies.
The company recruited 157 employees in 2014 and had 1,072 employees by the end of the year.
Eurofound (2014), Lyse, Business expansion in Norway, factsheet number 79244, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79244.