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.
(10 - 33) Manufacturing (32) Other manufacturing 32.4 - Manufacture of games and toys 32.4 - Manufacture of games and toys
140 jobs Number of planned job creations
Announcement Date
12 June 2007
Employment effect (start)
12 June 2007
Foreseen end date
Description
Avalanche Studios is a private company that creates computer games. The company is currently in the final stages of developing 'Just Cause', a free-roaming action adventure game for Xbox 360, Xbox, PC and PS2. At the same time, they are also working on two projects that have not been unveiled yet. Following the rapid increase in activity, the company announced on 12 June 2007 that it is planning to create 140 new jobs.
Sources
12 June 2007: Dagens Industri
Citation
Eurofound (2007), Avalanche Studios, Business expansion in Sweden, factsheet number 65491, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65491.
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