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.
The Austrian family-owned company Banner, manufacturer of batteries, is investing €35 million in its production site in Leonding and Pasching (Upper Austria) creating 200 new jobs. In Pasching a new assembly line and a warehouse will be established, in Leonding the production site will be expanded. The company had to change initial expansion plans to create a second production site after opposition form local residents emerged fearing lead poisoning of the environment and demanded an impending environmental impact assessment which the company tried to avoid.
Eurofound (2017), Banner, Business expansion in Austria, factsheet number 91080, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91080.