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.
Leonardo Hotels, an Israeli hotel group, will be opening the NYX Hotel Thessaloniki in September, creating over 190 jobs for workers in Thessaloniki. The new hotel represents an investment of 25 million euros and aims to strengthen tourism in the city.
The new hotel, following the success of the NYX Esperia Palace Athens which launched in 2023, will feature 130 rooms, a bar-restaurant, lounge areas, a gym and spaces for events.
Leonardo Hotels & Resorts Mediterranean, which has been developing the Fattal Group in Cyprus and Greece since 2017, currently operates 11 hotels (4 in Greece and 7 in Cyprus) and aims to reach 15 by 2026. To date, the company has invested a total of 120 million euros in Greece
Eurofound (2025), NYX Hotel Thessaloniki, Business expansion in Greece, factsheet number 203121, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203121.