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.
Manufacturing (28) Manufacture of machinery and equipment 28.1 - Manufacture of general-purpose machinery 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
120 jobs Number of planned job creations
Announcement Date
13 September 2013
Employment effect (start)
1 October 2013
Foreseen end date
Description
KAMAX, manufacturer of high-strength fasteners for the car industry, is to create 120 new jobs in Turnov.
The firm is currently expanding its two manufacturing facilities located in the city of Turnov, where it is operating since 2011.
KAMAX group is based in Ohm, Germany, employing about 3,100 staff globally.
Sources
13 September 2013: CzechInvest
Citation
Eurofound (2013), KAMAX, Business expansion in Czechia, factsheet number 76207, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76207.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...