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.
Hungarian low-cost airline Wizz Air will invest EUR 100 millions in its Bucharest base and create 301 new jobs. The airline plans to reach a total workforce of 600 employees in 2016. The business expansion aims at increasing the existing routes and opening a new one to Tenerife.
Wizz Air currently employs 299 people in Romania.
Eurofound (2016), Wizz Air, Business expansion in Romania, factsheet number 87524, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87524.