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.
TÜV Süd, a German technical testing and certification company, is planning to expand its global workforce by 5,000 positions, out of which 2,000 jobs are expected to be created in Germany: TÜV Süd 2026 - DE.
Specifically, TÜV Süd is pursuing a long-term expansion strategy in which the workforce will be gradually increased across different business divisions and markets until 2030. As the key drivers for the job creation, the company cites the increased demand for testing, inspection, and certification services in a highly regulated and technology-driven environment.
TÜV Süd experienced sustained revenue and business growth over the recent years, which is expected to continue, potentially even through new acquisitions by the company. In its expansion the company is increasingly focusing on its presence abroad.
Worldwide, TÜV Süd is employing 30,000 workers. The company had a similar global expansion in 2014, where 1,000 jobs were created worldwide TÜV Süd 2014 - WO, out of which 500 in Germany TÜV Süd 2014 - DE.
Eurofound (2026), TÜV Süd, Business expansion in World, factsheet number 204511, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204511.