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.
The American outsourcing solutions provider Computer Generated Solutions Romania announced it would create 600 new jobs by the end of 2022, at its new centre in Constanta (Constanta County). The main services provided by CGS Romania are customer care, helpdesk and technical support and sales for telecoms, IT and financial services companies.
Computer Generated Solutions Romania currently employs 4,000 workers in Romania.
The US Company is one of the world's leading providers of business process outsourcing solutions, which has been in the Romanian market since 2006. The company provides services locally in 18 foreign languages, with seven support centres in Bucharest, Brasov, Sibiu, Targu-Jiu, Miercurea Ciuc, Galati and now Constanta.
Globally, the company has a workforce of approximately of 7,500 professionals across North America, Latin America, Europe, The Middle East and Asia.
Eurofound (2019), Computer Generated Solutions, Business expansion in Romania, factsheet number 99635, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99635.
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...
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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...
