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.
The state owned federal railways company ÖBB (Österreichische Bundesbahnen) announced the creation of 420 to 470 new jobs by the end of 2018.
The company is investing €25 million in security and service infrastructure, increasing its security staff by 250 to 300 people. In addition, 130 new employees are hired as conductors (Zugbegleiter) and 40 new employees for customer services. After an increase of attacks on train staff in 2016 ÖBB is aiming to re-establish working in teams for conductors. Security staff will be appointed to train stations but also deployed on trains without regular conductors. Staff will also receive conflict resolution and de-escalation training.
The Federal Ministry for Transport, Innovation and Technology (Verkehrsministerium, bmvit) will support this initiative by investing €1.3 million to improve lightning in potentially dangerous places, video surveillance and the modernization of emergency call systems.
Eurofound (2017), Österreichische Bundesbahnen (ÖBB), Business expansion in Austria, factsheet number 90048, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90048.