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.
By autumn 2006, a new street furniture factory called Frog Group will be established as soon as the new factory building will be finished. The company will produce park benches, waste containers and street lamps. The second main activity will be subcontracting the projects of processing sheet steel materials. Most of the products will be exported, primarily to Finland, Sweden and Norway.
In November the new factory will create 70 jobs but the company plans to extend the production as soon as the work has started and after three years the company hopes to employ 100 persons.
Eurofound (2006), Frog Group, Business expansion in Estonia, factsheet number 63746, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63746.