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.
French multinational company Thales has announced plans to create 190 new positions for software engineers by the end of 2019. A spokesperson for the company stated that by the end of 2021 they plan to exceed 1,000 employees in Romania. The company will deliver solutions that include military and defence applications.
As of March 2019, Thales, which manufactures electrical systems and provides services for the aerospace, defence, transportation and security market, has 300 employees in Romania. The company established its first Software Research and Development Centre in Bucharest, in 2009. Globally, Thales Group, headquartered in Paris, employs about 64,000 people and operates in 56 countries. In 2018, the company created 5,000 positions worldwide.
Eurofound (2019), Thales, Business expansion in Romania, factsheet number 97211, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97211.