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.
Siemens Mobility, which belongs to the German company Siemens, specialised in the production of railway transport equipment, has inaugurated its new Sustainable Mobility Technology Centre in Valencia, creating 100 new jobs.
The technology centre has a current workforce of 50 researchers, and Siemens Mobility plans to create100 new jobs before the summer of 2024, with plans to reach up to 300 employees in the next two years.
This centre is specialised in the development of cutting-edge technology for railway signalling and new sustainable mobility technologies, with a strong focus on innovation and digitalisation. The main areas of action are engineering and software development, and the company provides services to both local and international projects.
Eurofound (2023), Siemens Mobility, Business expansion in Spain, factsheet number 200364, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200364.