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.
Daedong, a Korean producer of tractors, rice transplanters, power tillers and engines, has announced that it is to create 200 new jobs following the development of a brake line factory in Cieszyn (south of Poland) which will supply the automobile plants of Kia and Hyundai. The factory will begin operations with 100 employees; another 100 jobs will be created by late 2009. As of February 2008, there is no information as to when employment at the new factory will commence.
Eurofound (2008), Daedong, Business expansion in Poland, factsheet number 66374, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66374.