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.
On 11 April 2017, the German automotive supplier Continental announced the creation of 200 jobs in Frankfurt, Germany. Continental is looking for engineers for its research and development (R&D) department. The company plans to construct an additional two buildings on site in Rodelheim which will provide space for around 500 employees. Continental said it was engaged in discussions with the regional government in Frankfurt to connect the site to the public transport network in the city.
For the latest restructuring measurement of Continental in Germany, see (Continental, 2015).
Continental employs some 220,000 employees worldwide.
Eurofound (2017), Continental, Business expansion in Germany, factsheet number 91618, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91618.