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 Swedish telecom company Ericsson, is expanding its business in Romania by opening a new hub in Bucharest by the end of March 2018. The company will hire 100 people who will work with clients from Europe, Federation of Russia and Ukraine.
The Bucharest hub will offer financial support, in particular within collection and control activities.
The recruitment plan is part of the company’s strategy to diversify its services. In 2016, the company made some staff adjustments in Romania and 242 persons where dismissed.
Currently, the company has a workforce of 2,576 in Romania.
Eurofound (2018), Ericsson, Business expansion in Romania, factsheet number 93057, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93057.
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