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 15 November 2011, German-owned sensor manufacturer Pepperl+Fuchs stated that it will hire 200 employees for a new production hall in Veszprém, Hungary. The site is expected to be operational by the end of June 2012.
Pepperl+Fuchs produces electronic sensors, plastics and metal parts. The annual revenue of the company has risen by HUF 1 billion (EUR 3,2 million) in 2011 compared to 2010. The investment into this Hungarian base is a part of the rationalization efforts of the company's activity.
Eurofound (2011), Pepperl+Fuchs, Business expansion in Hungary, factsheet number 72731, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72731.