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 Chinese logistics company Europe Huajie Development chose the city of Pavlov (near the capital city of Prague) to open its first centre for the European continent. The distribution warehouse of 24,700 m2 will employ over 100 workers. The first round of staff recruitment has begun. The Chinese company chose the Czech Republic mainly because it lies in the centre of Europe and is a traffic junction between the western and eastern parts of the continent.
Eurofound (2018), Europe Huajie Development, Business expansion in Czechia, factsheet number 94731, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94731.