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.
Knauf Insulation, a Belgium company specialized in buildings materials and construction systems has started construction of its new production facility in Tarnaveni (Mures County), which is due to be finalized at the beginning of 2024. The plant will have a production capacity of more than 100 million square meters and 100 people will be hired. The total investment in the Knauf Insulation is €135 million and will have a significant impact on the company's turnover, which will increase by more than 50 million euros annually.
Globally, the company has 41,000 employees in more than 90 countries and over 300 plants.
Eurofound (2023), Knauf Insulation, Business expansion in Romania, factsheet number 108748, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108748.