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.
On 11 September 2014, logistic company Andreas Schmid announced to create 270 jobs in Augsburg until November.
The job creation is due to new logistic projects of the company and an increasing demand for professional logistic solutions.
Andreas Schmid employs 1,400 people in total. Their number shall increase to 1,800 as the company plans a further creation of 130 jobs in Kadan in the Czech Republic. In 2013, the company ran a turnover of 111 million Euros.
Eurofound (2014), Andreas Schmid, Business expansion in Germany, factsheet number 77574, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77574.