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.
ABB, a worldwide group of industrial technology, opened a regional business service centre in Tallinn, Estonia. This centre will support the ABB's activities in the field of finance, human resources and supply chain, concentrating mostly to Northern Europe. 150 new people were hired to the newly opened centre, but it is planned to increase the number of employees in the centre to 400 by the end of 2017. The company is looking to hire human resources specialist, accountants and logistics, the recruitment is addressed both to secondary and higher education diplomas depending on the position.
In addition to the centre opened in Estonia, ABB is establishing a total of six business service centres worldwide. With these new service centres, ABB will be consolidating support services previously offered in a total of 68 different countries.
ABB has been active in Estonia for more than 20 years in the energetic and automation sectors. ABB's Estonian unit focuses on the manufacturing and sale of energy technology, including wind and diesel generators, frequency changers, and renewable energy equipment.
Eurofound (2016), ABB AS, Business expansion in Estonia, factsheet number 88858, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88858.