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.
Narva-Jõesuu, a small resort town in East Estonia witnessed the opening of a new SPA Hotel in the middle of July which resulted in creation of 130 new jobs. SPA Hotel Noorus was opened for testing on 14 July in order to eliminate last potential problems, while grand opening of the new SPA hotel will take place in two months. According to the sales and marketing director, there were a lot of applicants for the positions overall, for example 102 people applied for the accountant position. The spa hotel is established by Russian business man Andrei Katkov and it is the newest hotel for Noorus SPA Hotel group.
Eurofound (2014), Noorus SPA Hotel, Business expansion in Estonia, factsheet number 77351, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77351.