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.
German discount chain Aldi decided to expand its business to Slovakia. Hofer, its Austrian daughter company, plans to establish a network of discount shops, which are to compete with cheap and favourite Lidl and Kaufland shops in the country. In the first stage of the project, Hofer will invest around SKK 180 million to establish a logistic centre in Šoporňa nearby Bratislava. The construction of the centre would start in early 2008 and around 200-300 employees will work there when the centre is fully operational. First discount shops are presumed to be opened in the course of 2009.
Eurofound (2006), Aldi, Business expansion in Slovakia, factsheet number 64543, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64543.