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.
Webmedia is one of the largest and fastest growing high-end software development companies in the Baltic States. It employs currently some 175 people in software development with offices and development units in Estonia, Lithuania and Finland. The company also maintains a development centre in Romania. Webmedia focuses on four business areas: telecommunications, finance, healthcare, public administration and government. The company's business plan anticipates a steady growth rate over the coming years. The company thus plans to recruit a further 25 employees by the end of 2005 and aims for a 1,000 people-strong workforce by 2010.
Eurofound (2005), Webmedia, Business expansion in Estonia, factsheet number 62713, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62713.