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.
Austrian company Therme Nord Bucureşti is investing in a new thermal water spa facility in Bucharest, which is to create about 200 new jobs. Therme is the biggest thermal recreational centre in Europe. The project started in 2013 and the thermal centre was opened at the beginning of 2016. The initial investment was estimated at €50 million, but the number has increased to over €100 million. The new facility will benefit from financial state aid amounting to about €7 million.
Eurofound (2018), Therme Nord Bucuresti, Business expansion in Romania, factsheet number 96304, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96304.