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.
Ericsson, Swedish maker of mobile phone network equipment, is expanding its Finnish operations by up to 110 employees.
Ericsson has announced that it is opening a research and development unit in the northern city of Oulu. The unit is to start operating in autumn of 2011. In the first phase, it would employ about 200 persons, 50 by Ericsson and 150 by its partners. The unit may later expand to several hundred workers.
Ericsson is also planning to hire additional 40-60 workers to its main Finnish unit in the southern town of Kirkkonummi.
Eurofound (2011), Ericsson, Business expansion in Finland, factsheet number 72403, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72403.