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.
Palma is a Slovak manufacturer of oils and fats for human consumption. In 2013, it offshored the production to Czech Republic due to the technological obsolescence of the plant in Bratislava that did not meet anymore the production requirements. The company has now announced the decision to move back to Slovakia the manufacturing of flavored oils (poppy, nut, apricot and linseed oils). The decision was taken to be closer to the company's suppliers of raw materials which are still located in Slovak Republic. The plant will be built outside the Bratislava region, and it will be completed in two/five years.
Eurofound (2018), Palma, Reshoring in Slovakia, factsheet number 80, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/80.
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