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.
BSH Hišni Aparati (BSH Home Appliances) in Nazarje is a subsidiary of the German multinational group Bosch and Siemens Home Appliances Group that has forty five subsidiaries globally. BSH Hišni Aparati has an annual turnover of EUR 144 million and 600 employees. The firm has announced a 7 million EUR investment in the expansion of its existing facilities in Nazarje which will result in the employment of 200 new workers. The new facilities will produce approximately one million 'high tech' coffee machines a year. The Slovenian Government is to contribute 1.2 million EUR to the project through its scheme of foreign direct investment promotion. The new investment will be put into operation by February 2008 by which time the 200 new workers will also be employed.
According to latest news, the new facility was opened in April 2008, the number of new jobs which is directly linked to the investment is 200, but in the last year BSH increased the number of employees by another 53; the overall number of jobs created in the last year is, thus, 253.
Eurofound (2008), BSH Hišni Aparati, Business expansion in Slovenia, factsheet number 65606, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65606.
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