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 engineering company SafeRail, specialising in control command and control and railway signalling, has announced a €10 million fundraising campaign that will enable it to recruit 40 engineers and technicians in 2019 and 50 next year. SafeRail plans to increase its workforce from 110 to 250 employees and its turnover from €10 to €50 million in 2021. In total, 140 positions will be created by 2023. Among the obstacles to be overcome is the difficulty in recruiting: management is counting on the company's 'beautiful brand image' and the appeal of its approved railway signalling training centre, founded in 2013.
Eurofound (2019), Saferail, Business expansion in France, factsheet number 98777, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98777.