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.
On 30 July 2010 ladder maker ZargesTubesca decided to move production from Peiting, Germany to Kecskemét, Hungary. The company expects to increase turnover by 50% and 100 new jobs are to be created at the Kecskemét unit. Last year the group had an income of HUF 4 billion. The company started the production of aluminium ladders and stands/cratches in 1998 in Hungary and enlarged the factory with a 12000m2 production hall in 2008.
Eurofound (2010), Zarges Tubesca, Business expansion in Hungary, factsheet number 70790, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70790.