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.
German producer of components for the construction industry Reuss-Seifert, a subsidiary of Aurelius, has announced that it will create 280 jobs at its new production facility in Nowa Sól. The factory is expected to be operational in late 2017.
In March 2017, the company announced a restructuring programme affecting 194 jobs in Germany by the end of 2018. The programme is associated with the plans to relocate the production from Germany to Poland.
Reuss-Seifert is one of the biggest supplier of builders’ ware of plastic in Europe.
Eurofound (2017), Reuss-Seifert, Business expansion in Poland, factsheet number 91002, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91002.