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.
OG Elektra, an Estonian retail sale company announced that 200 new jobs will be created by the end of 2010 in six new stores. Between January and August 2010, the company created 130 new jobs by opening five new stores mostly in the capital Tallinn. This job creation has been partly supported by the city of Tallinn through the wage subsidy scheme, i.e. persons employed are chosen among those registered as unemployed and the city finances their wage costs up to the national minimum wage. One more store will be opened before the end of December, raising the number of persons employed in the company to 200.
Eurofound (2010), OG Elektra, Business expansion in Estonia, factsheet number 70844, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70844.