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.
Trelleborg Industrial Products Estonia, producer of rubber and plastic products, announced a plan to create 220 new jobs in Kuressaare during 2010. Trelleborg Industrial Products Estonia is the subsidiary of the Swedish Trelleborg Group. The company was able to buy new land to expand the current production plant in the Kuressaare city on the island of Saaremaa.
According to the CEO of the company, Mr Kalver Kirs, the expansion of the Estonian plant will be undertaken because the Trelleborg Group is planning to bring part of its production in Sjörbo, Hemse, Örebro and Forsheda (Sweden) to Estonia where production costs are lower. In 2008, Trelleborg closed down its plant in Mörbylanga and moved part of the manufacturing to the Estonian plant.
The Kuressaare plant was opened in 2008. Prior to the expansion, 80 employees were employed at the plant. About a 100 million kroons will be invested in the expansion project during which a manufacturing facility is built and new machines and equipment bought. The need for additional staff will be mainly in the fields of mechanical engineering, manufacturing and quality management and the manufacturing process.
Eurofound (2009), Trelleborg Industrial Products Estonia, Business expansion in Estonia, factsheet number 70020, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70020.