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.
Oventrop, a company in the plumbing industry, is expanding its plant in Szyd owiec, where it will eventually employ 300 people. The plant expansion is linked to the growing role of the Szyd owiec plant for the company's German headquarters, and a new production hall is currently under construction. The gradual development of the plant has been planned since its inception. Recruitment for new positions has now begun and, by the middle of next year, the plant is expected to employ 175 people, reaching eventually 300 workers in total. Oventrop has been in business for over 170 years, operating mainly in Germany and producing fittings, thermoregulation and ventilation equipment. The Szyd owiec plant opened in 2022 and currently employs 78 people.
Eurofound (2024), Oventrop, Business expansion in Poland, factsheet number 200939, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200939.