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.
Irish low-cost airline Ryan Air Air has announced the opening of a new base in Bucharest and the creation of 1,000 new jobs in Bucharest and nationwide. The business expansion aims at increasing flights on existing routes and opening new routes by 2017.
Ryan Air operates 21 routes to Romanian airports, namely Timisoara, Bucharest and Craiova. Another 13 routes will be added next year.
Eurofound (2016), Ryanair, Business expansion in Romania, factsheet number 88481, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88481.