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.
Odoo, a Belgian software developing company that is specialized in the development of business software, has announced it will be recruiting 500 additional employees in Belgium in 2021. The company has seen a significant increase in demand due to the Covid-19 crisis and is therefore in need of additional workforce. As many companies have resorted to teleworking, demand has risen sharply for applications that the firm develops that facilitate working from home. The company growth is not limited to Belgium alone; the company also plans to increase its workforce in its facilities outside of Belgium by 500 as well.
Eurofound (2020), Odoo, Business expansion in Belgium, factsheet number 102812, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102812.