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.
MassMutual, a US insurance company, announced the creation of 250 new positions in 2021. The company is looking mainly for software development, data science, engineering, DevOps, SecurityOps, and cloud engineering professionals. The new positions are available at its centres in Bucharest and Cluj-Napoca (Napoca County).
MassMutual will invest more than €1 million in opening the Bucharest and Cluj-Napoca offices. The operations in Romania will focus on developing the software that generates insurance products and assess the risks associated with them.
Mass Mutual was established in 1851, is headquartered in Massachusetts, United States and has a workforce of 6,000.
Eurofound (2021), MassMutual, Business expansion in Romania, factsheet number 103543, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/103543.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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