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.
Japan's Nifco plans to open a factory for automotive plastic parts in Poland. The capital of the new company will be 8 million PLN. By moving part of production from Great Britain and Spain, Nifco wants to reduce costs and adapt to the expectations of buyers of its products such as Toyota and Suzuki.
On 26 July the company announced that it would build the plastic automobile part factory in Świdnica. The new facility will start production in the spring of 2007; plans call for hiring 120 people by 2012 and for realising revenues in excess of PLN 50 million. Nifco has been in existence since 1967; it manufactures clasps, rivets, rings and similar connecting and locking elements for the automotive industry, supplying customers such as Toyota, Suzuki, Mitsubishi, and Nissan as well as Sony. Nifco carries on production in Japan, Hong Kong, Thailand, the United States and a number of other countries.
Eurofound (2006), Nifco, Business expansion in Poland, factsheet number 63085, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63085.
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...
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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...
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