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.
Manufacturing (16 - 17) Manufacture of wood and paper materials 16.2 - Manufacture of products of wood, cork, straw and plaiting materials 16.21 - Manufacture of veneer sheets and wood-based panels
320 jobs Number of planned job creations
Announcement Date
7 December 2005
Employment effect (start)
1 September 2006
Foreseen end date
Description
Swedwood plans to open its fourth production unit in Slovakia - aside from plants operating in Malacky, Závažná Poruba and Trnava. The €16 million new investment is aimed at establishing a new production manufacturing around 25 million square meters of wood veneer sheets per year. Local municipality welcomes the investment, which will allow low-skilled unemployed to be hired.
Sources
7 December 2005: Hospodárske noviny
7 December 2005: SME
Citation
Eurofound (2005), Swedwood Slovakia, Business expansion in Slovakia, factsheet number 62594, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62594.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...