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.
Chinese provider of information and communication technology infrastructure and smart devices Huawei has announced to open a new hub in Bucharest: it will provide a platform that coordinates the delivery of advertisements on Huawei devices in nine countries in the Balkan region. The company is to create 200 new jobs for regional and local specialists who will take care of business relationships with local partners.
Huawei Ads new hub will coordinate activity in Bosnia and Herzegovina, Bulgaria, Croatia, Republic of Moldova, Montenegro, North Macedonia, Romania, Serbia, and Slovenia.
Huawei operates in over 170 countries and has more than a third of the world's population as customers. The company has 14 research and development hubs in the USA, Germany, Sweden, Federation of Russia, India, and Republic of China.
Eurofound (2022), Huawei Ads, Business expansion in World, factsheet number 106462, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106462.