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.
Electronic payments software group ACI Worldwide will create 100 new positions in Limerick over the next five years. The company is recruiting staff for research and development, software programming, technical support and finance functions. Iain Kenny, managing director of ACI Worldwide Ireland, said the centre's main role was to manage research that would feed directly into product development. The Limerick facility will manage development work being carried out in overseas development centres. The first of these is at Timisoara, Romania, and Mr Kenny said another two would come on stream which would be capable of handling "large-scale" development. The higher value architecture and design of products will be carried out in Limerick.
ACI has over 800 customers worldwide, mostly large banks including Bank of Ireland and AIB. Mr Kenny said the company was impressed by the quality of candidates and would employ 14 people by the end of April (2007).
Eurofound (2007), ACI Worldwide Ireland, Business expansion in Ireland, factsheet number 65244, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65244.
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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