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.
Lenzing, the world market leader in man-made cellulose fibres, will build a new plant in its headquarters in Upper Austria, thus generating 100 additional jobs. Within the next five years, the Lenzing Group plans to invest up to EUR 1.5 billion in company expansion. EUR 130 million will be used to build a new plant in Lenzing, Upper Austria. At the new plant, the eco-friendly fiber Lyocell will be produced, which will enter the market with a brand name Tencel.
Eurofound (2010), Lenzing, Business expansion in Austria, factsheet number 71313, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71313.