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.
Unilever will close its margarine and salad dressing plant in Budapest. Unilever is relocating production to plants in Katowice in Poland, Pratau in Germany and Nelahozeves in Czech Republic. The company will dismiss 200 workers at the plant which will closed by June 2006. Unilever wants to cut operation costs to better serve its largest central European markets in Poland and Germany from closer locations. Unilever will continue to operate three other plants in Hungary, which make instant soup and ice cream.
Eurofound (2006), Unilever, Closure in Hungary, factsheet number 62867, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62867.