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.
Fraport, an airport operator based in Frankfurt, has announced its plan for 2011 which includes creating 700 new jobs as well as hiring 1,300 people to replace departing employees. The management at Fraport has planned the expansion in order to avoid a labor shortage in what they expect to be a very busy year.
Eurofound (2011), Airport Personal Services, Fraport Cargo Services, FraSec, Business expansion in Germany, factsheet number 71549, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71549.