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 Argentinian IT and Software Development company, Globant, has announced plans to hire 600 employees in the following three years across different locations in Romania. The company announced its intentions to open a development center in Cluj Napoca by the end of 2019. Currently the company has 90 employees in Romania.
The company’s CEO announced that the recruiting is part of a $20 million investment in Romania.
Globally, Globant has its headquarters in Buenos Aires and employs about 9,000 people by operating in 14 countries and 32 cities.
Eurofound (2019), Globant, Business expansion in Romania, factsheet number 97490, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97490.