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.
GE Aviation, an aerospace engineering company, has announced that it plans to expand business activities in the Czech Republic and create 130 new jobs by the end of 2017. In connection with an investment of EUR 50 million and the construction of a new plant outside Prague, the company has recently recruited 150 employees for the development and technology department at the Prague site and intends to employ another 130 people for the production department by the end of the year.
Eurofound (2017), GE Aviation Czech, Business expansion in Czechia, factsheet number 91484, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91484.