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.
Dutch financial group ING plans to expand its banking business in the Czech Republic and create 100 new jobs. In the first half of 2018, ING Bank Czech Republic intends to expand retail banking by two new products, current accounts and consumer loans, while in 2019 it will introduce mortgages. The expansion will require recruitment of further 30 employees by the end of 2017, on the top of the current 270 staff, and some 50 to 70 new employees in 2018. Until now, the bank focused on savings accounts and share funds in the retail segment, and on corporate lending.
Eurofound (2017), ING Bank Czech Republic, Business expansion in Czechia, factsheet number 92205, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92205.