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.
US-based software company Wrike is looking for 250 IT specialists for its new R&D centre that it is currently setting up in the Czech capital Prague. The company plans to employ more than 80 people by the end of 2019 and a total of 250 within the next tree years. Wrike will select candidates from Central and Eastern Europe by holding a competition with a financial reward.
Finding new workers only on the Czech market would be difficult. According to the Grafton Recruitment agency, there are currently about 30,000 IT experts missing on the domestic market. Wrike chose Prague because, according to the company, it is an attractive place to live and for skilled IT workforce. The firm provides management software to such giants as Google, Ogilvy and L'Oreal.
Eurofound (2019), Wrike, Business expansion in Czechia, factsheet number 98280, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98280.