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.
Shell has announced plans to hire an extra 1000 engineers in its exploration and production arm. This follows a number of downward reclassifications of its reserves in the recent past. By expanding its exploration team Shell hopes to close the gap on rivals such as BP by finding new oil and gas reserves.
Eurofound (2005), Shell, Business expansion in European Union, factsheet number 61026, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61026.