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.
British American Tobacco (BAT) announced the opening of a new financial service centre in Burhcarest, named British American Shared Services Europe (BASS Europe), which will at first employee 100 workers. By 2010 this new unit will provide services for 36 European countries. In the centre, BAT will hire 250 persons over the next three years. In 2007, BAT recorded in Romania a turnover of EUR 824 million.
Eurofound (2008), British American Shared Services Europe, Business expansion in Romania, factsheet number 66896, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66896.