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.
Furniture manufacturer Rus Savitar announced the intention to hire 400 people by the end of 2012, as the result of an investment of 5 million Euros for its business expansion.
In 2010, the Timisoara-based company employed 275 people.
Eurofound (2012), Rus Savitar Timisoara, Business expansion in Romania, factsheet number 73371, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73371.