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.
New York based financial investment company Onex Technologies announced a €42 million investment in a fish farming project at the north of Crete and the creation of 100 jobs initially.
As reported the company plans to invest ιn large amberjack fish farms, in 15 areas in international waters to the north of Crete and will coordinate its efforts by using Lockheed Martin’s technology for aquaculture in the open seas –“mobilie fish pens”.The investment is expected to create initially 100 specialised jobs (biologists, engineers, food technologists, etc.).
Updated, 02/10/2014: According to a recent announcement in the Greek press, the new fish farming unit in Kriti will start its oerations in the beginnings of 2015.
Sources
10 April 2014: Imerisia
9 April 2014: Kerdos
9 April 2014: Kathimerini
2 October 2014: Imerisia
Citation
Eurofound (2014), Nermonia, Business expansion in Greece, factsheet number 76841, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76841.
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...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...