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.
Ness, the American IT company, opened its first subsidiary in Slovakia. New investment of around SKK 75 million will offer new jobs for young Slovak IT designers and project managers. The staff in the new software development and service centre may expect wages higher by 20-30% than the regional average.
Company management announced further business expansion and plans to create another 400 new jobs in the coming years.
Eurofound (2005), Ness Slovakia, Business expansion in Slovakia, factsheet number 61933, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61933.