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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.2 - Technical testing and analysis
1,000 jobs Number of planned job creations
Announcement Date
12 May 2014
Employment effect (start)
1 June 2014
Foreseen end date
31 December 2014
Description
The Germany-based international technical service group TÜV Süd has recently announced its plans to create 1,000 new jobs worldwide by the end of 2014. Half of the new positions will be created in Germany, whilst it is not yet known where the other positions will be based. The new positions will be mainly for quality and safety experts.
The company currently employs around 20,000 people worldwide, spread over 60 countries.
TÜV Süd announced that it had created 1,400 jobs globally in 2013 already; the current round of jobs creation is part of its plans to continue expansion and maintain its positive rate of growth.
Sources
12 May 2014: TÜV Süd
Citation
Eurofound (2014), TÜV Süd, Business expansion in World, factsheet number 77154, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77154.
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