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.
Spanish public passenger railway company Renfe will hire between 400 and 500 workers for the first time since the crisis. In 2015 the company applied an employment adjustment, as reported in the ERM (see Renfe). In addition, Adif, the public railway company in charge of infrastructure management has confirmed that it will create 262 jobs, also reported in the ERM (see Adif). The Spanish public budget has allowed both companies to hire new workers in order to replace workers dismissed in previous adjustment processes. Moreover, the extension of the high velocity railway network requires new staff.
Eurofound (2016), Renfe, Business expansion in Spain, factsheet number 86928, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86928.