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 construction company Cardinal Edifice has announced the recruitment of 200 employees by 2021. Considering the 52 people already recruited, the company will still employ 148 people.
In three years the builder has recruited 300 employees to reach a workforce of 700 people and a turnover of €135 million. The company aims to become one of the leaders in the construction of wooden structures. It has obtained several major construction projects, including the construction of the wooden Olympic Village for the Olympics 2024, which require this important recruitment plan.
Eurofound (2019), Cardinal Edifice, Business expansion in France, factsheet number 98921, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98921.