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.
ASML, a manufacturer of machines for the production of integrated circuits or chips, announced on 17 January 2007 that it is going to invest in a new factory in Veldhoven and create 300 direct jobs in the Netherlands. Every new job at ASML is expected to create another 2.5 to 3 jobs at their suppliers and therefore an employment growth of 1,000 jobs is expected in the Noord-Brabant region. Last year ASML had some 5,600 employees worldwide, half of which were working in the Netherlands. CFO Peter Wennink announced that ASML wants to grow by 10% in 2007. Due to difficulties finding new employees in the Netherlands, ASML will try to attract foreign workers.
Eurofound (2007), ASM Lithography (ASML), Business expansion in Netherlands, factsheet number 64859, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64859.
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