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.
Ryanair, an Irish low-cost airline, has announced that it will recruit 175 new persons in 2023. The additional employees will be recruited to work on the new routes the company will open at Iasi airport starting from 26 March. Ryanair will operate 25 flights a week from Iasi to Dublin, Milan, Paris and Brussels.
Ryanair is the fifth airline to operate from the Iasi Airport this year. Furthermore, connectivity between the city and European destinations will be expanded through the addition of a new terminal which will become operational in 2024. The upgraded airport will be able to support a traffic of 3.3 million passengers per year, double the existing capacity.
Ryanair operates 21 routes to Romanian airports, namely Iasi, Cluj-Napoca, Timisoara, Bucharest and Craiova.
Eurofound (2023), Ryanair, Business expansion in Romania, factsheet number 108577, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108577.