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.
Atea plans to invest over EUR 14 million in expanding its business process service center in Riga, and it plans to hire 150 to 200 new employees in 2013. By 2015, Atea hopes to create 600 new jobs in Latvia.
Atea is Nordic IT infrastructure company, globally employing more than 6300 people, of which 3500 work on support for IT systems.
Atea Riga branch (Atea Global Services (AGS)) services computerized work stations in Scandinavia, providing information system supervision, remote software maintenance and help services. About 150 of the planned job positions will be IT-related. Nicolas Albana, executive director at AGS, told the media that the company also plans to hire accounting and administrative personnel so the Riga center could start providing new services.
AGS branch in Latvia was founded in 2006. Atea investments in Latvia were arranged with the help of Latvian Investment and Development Agency. Currently AGS center in Riga employs about 220 employees.
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Eurofound (2013), Atea Global Services, Business expansion in Latvia, factsheet number 74923, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74923.