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.
Cake, a Swedish motorcycle manufacturer, will relocate the manufacturing of electric motorcycles from Taiwan to Albyberg, located near Stockholm. The relocation will create between 250 and 300 job opportunities. The first line of production began in July 2021.
Together with the Swedish energy company Vattenfall, Cake plans to create a fossil-free motorcycle. According to the company, it is more effective and sustainable to build the motorcycles in Sweden. However, Cake will also continue to manufacture many of the components in Taiwan. Cake's ambition is to scale up the production to 20,000 motorcycles per year and a workforce of 1,000 in Albyberg.
Eurofound (2021), Cake, Reshoring in Sweden, factsheet number 105045, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105045.