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.
KAVALA OIL S.A, the only hydrocarbon producing company in Greece - that is the only company that produces “crude oil” and “natural gas” – is creating 150 job positions, as part of the company’s new investment plan, which consists in investing 225 million dollars for a period of 2 years for 14 new drillings for the localization of hydrocarbons, a new pumping platform, as well as other installations and equipment.
Eurofound (2008), Kavala Oil S.A., Business expansion in Greece, factsheet number 66708, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66708.