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.
The tyre manufacturer Continental expects business expansion in the second half of 2011 thanks to increasing demand for motor vehicles. As a result, the company foresees to invest more than ever in R&D and employ 200 additional R&D personnel at the company site in Hannover.
Overall, the company plans to invest 300 million Euro in the USA and Europe and 700 million Euro in the BRICS countries untill the end of 2012.
Eurofound (2011), Continental, Business expansion in Germany, factsheet number 72362, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72362.