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 Swedish Autoneum, manufacturers of automotive carpets and insulators, has opened its first Hungarian plant in Komárom. The company announced that it will create 150 jobs by the time the factory reaches full capacity. First the Hungarian plant will produce carpets for a German automobile factory and noise insulation for a British manufacturer.
Komárom is the 6th location of Autoneum in Eastern Europe, with three plants (Russia, Poland and the Czech Republic) and a development center in the Czech Republic.
Autoneum is listed on the Swiss Exchange (SIX) and it is present in 25 countries. Almost 12,000 worker are employed by the company. Its net sales exceeded 2.2 billion Swiss francs (€1.90 billion) in 2017.
Eurofound (2018), Autoneum, Business expansion in Hungary, factsheet number 94193, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94193.