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.
On 14 June, Bosch, a leading manufacturer of automotive and industrial technology, consumer goods and building technology, announced the building of a new semiconductor plant in Reutlingen. The new plant will employ 800 persons. The creation of jobs shall be completed by the end of 2012. Out of the 800 new jobs in Reutlingen, 620 will be offered to the employees of the Bosch plant in Rommelsbach. These 620 jobs were at risk, because Bosch had already decided to close down its production in Rommelsbach after losing its main customer, Volkswagen, another German automobile manufacturer. At the moment, Bosch is employing 110,000 persons in Germany.
Eurofound (2006), Bosch, Relocation in Germany, factsheet number 63646, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63646.