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.
Termelés-Logistic-Centrum (TLC), the Hungarian subsidiary of German crane manufacturer Sennebogen, inaugurated its new production hall in Litér. The company has announced 80 new jobs will be created at the production site. The second production site was established to meet the growing demand for the firm's products. The plant will produce steel components for loading and lifting equipment. The investment cost was about €7 million. The government granted a non-refundable subsidy of about 10% of the overall investment cost. The principal plant of TLC operates in nearby Balatonfüred.
Eurofound (2023), Termelés-Logistic-Centrum, Business expansion in Hungary, factsheet number 109162, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109162.