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.
Horse Powertrain, a multinational automotive components manufacturer, has announced the opening of a new aluminium cylinder head plant in Valladolid, which will create around 150 direct jobs and enable production of up to 300 000 units annually.
The facility is part of a broader investment plan valued at more than €71 million aimed at strengthening hybrid engine component production and consolidating the company’s presence across Europe. This expansion reflects a shift toward advanced, integrated manufacturing and aligns with green transition objectives by supporting electrification and decarbonisation initiatives in the automotive sector.
Eurofound (2026), Horse Powertrain, Business expansion in Spain, factsheet number 300777, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300777.