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.
Makroregion południowo-zachodni; Dolnośląskie; Miasto Wrocław
Location of affected unit(s)
Sector
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
500 jobs Number of planned job creations
Announcement Date
11 April 2006
Employment effect (start)
Foreseen end date
30 April 2007
Description
Eto Magnetic, the German producer of electromagnetic components for road and rail vehicles, industrial hydraulics, and specialized equipment, will build a €20 million plant in Wrocław. The company intends to hire up to 500 people by May 2007.
Sources
11 April 2006: Rzeczpospolita
Citation
Eurofound (2006), Eto Magnetic, Business expansion in Poland, factsheet number 63320, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63320.