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 French digital company Devoteam has recently created its new branch in the city of Ostrava and will gradually create 100 new jobs this year and over the next year. IT specialists will make up about 70% of the staff. The company focuses on the digitisation of workplaces, such as setting up effective work online or improving operation through digital technologies. The Ostrava centre is to create new services in the field of deployment and support of cybersecurity and cloud applications. The COVID-19 pandemic has increased companies' investment in digitisation and accelerated this long-term trend.
Devoteam has been operating in Czechia for 15 years via its Prague branch.
Globally, the French company operates in 18 countries in Europe and the Middle East and employs around 7,600 people.
Eurofound (2020), Devoteam, Business expansion in Czechia, factsheet number 101677, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101677.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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