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.
After the recent terror attacks in Paris, security threat levels have been increased to level 3 in Belgium (serious, possible and probable) and even at one stage to the highest level 4 (serious and very close) in Brussels. In this context, security companies have been asked to provide extra services. G4S has announced the recruitment of 200 new employees.
Two other well-known security companies, Securitas and Seris Security, have also announced that they are recruiting. In total, the security threat will lead to the creation of some 650 extra jobs. This higher demand for extra security services is expected to persist.
Eurofound (2015), G4S, Business expansion in Belgium, factsheet number 85616, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85616.