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.
Prolyte Products Romania, which is part of the Dutch Prolyte Group, has opened a new factory in Piatra-Olt for the production of aluminium special structures for the entertainment or industrial use. The opening of the factory will generate about 500 new jobs.
The construction of the site started last year with a total investment of over 18 million lei (approximately 4 million euro) and it was subsidised by the European Union with the support of Eximbank.
Eurofound (2016), Prolyte Products, Business expansion in Romania, factsheet number 86678, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86678.