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.
Drylock Technologies, a global manufacturer of diapers and hygiene products with head office in Belgium, is expanding its production at the Czech site (Hrádek nad Nisou) and will create 100 new jobs by the end of 2020. The firm, which currently employs 750 workers, needs to fill mainly production positions, such as machine adjusters and packers. The growth of the company, which is one of the largest employers in the region, has not been stopped by the COVID-19 crisis. This year they want to increase production by almost a third.
In addition to the Czech Republic, the company has two factories in Russia, two in Brazil and one each in the United States, Italy and Spain. Baby and incontinence diapers and other hygiene items are exported all over the world.
Eurofound (2020), Drylock Technologies, Business expansion in Czechia, factsheet number 101552, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101552.