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.
Amazon, the company based in the United States of America which operates one of the largest online shopping portals, has rented two floors in an office project in Bucharest, real estate market sources say.
The office space, which covers more than 1,500 square metres, is located in Bucharest (Bucureşti region), near the city centre.
Amazon first entered the Romanian market in 2005, when it opened a software development centre in Iaşi (Nord-Est region, Iaşi county). Sources coming from the Romanian information technology market estimated that the Amazon centre in Bucharest will hire up to 600 IT engineers and administrative staff. The job advertisements published by Amazon for the Romanian labour market include software development engineers, database architects, quality assurance engineers and office manager.
Amazon was first established in 1994 by Jeff Bezos and has grown to become a business of more than five billion euro in the meantime.
Eurofound (2006), Amazon, Business expansion in Romania, factsheet number 63002, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63002.
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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