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 German electrical equipment group Hager has announced a €15 million investment to equip with new injection moulding machines its Bischwiller site (Bas-Rhin) in Alsace. Hager, which intends to increase its production of electrical components in this way, has announced that it will be hiring 50 employees to accompany the installation of the new presses. It represents a 10% increase in the workforce at the site, which currently employs 500 people. Hager manufactures all its circuit breakers, contactors and other components into its workshops. In order to install the new presses, it has begun to redevelop a building vacated by a logistics company. The new workshop will be completed by the end of October 2022 and the first press will be launched in November. Full capacity will be reached in February 2023.
A previous restructuring event has been recorded in the ERM database in 2004, with 100 job creations at Obernai (Bas-Rhin) (FR-hager-2004).
Eurofound (2022), Hager Electro, Business expansion in France, factsheet number 107168, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107168.