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.
Finnish state owned postal company Posti Group Oyj and private human resource and service management company Solemo Oy (SOL) have co-launched a new internal logistics company called Flexo Palvelut Oy. 300 new employees will be recruited to the new company, which will work mainly with internal logistics. Outsourcing of business logistics is uncommon in Finland with only 12% of logistics operations being outsourced compared to an EU average of 40%. Posti anticipates that the Finnish logistics market will grow with up to 30% annually following increased outsourcing of business logistics. The launching of Flexo is a venture to meet upcoming demand.
Eurofound (2017), Flexo Palvelut, Business expansion in Finland, factsheet number 90812, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90812.