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.
Le Bélier is specialized in safety related parts in cast aluminium for the automotive industry. The company employs 2,700 people in 6 countries and established two plants in Hungary with 1,270 employees. The new investment in Szolnok will create 100 jobs. The company undertook to employ 400 to 450 people in the long run as the part of the agreement with the government of Szolnok.
Eurofound (2005), Le Bélier, Business expansion in Hungary, factsheet number 61530, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61530.