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.
Indian chemical corporation SRF announced a new plant in Jászfényszaru and the creation of 100 new jobs. The new production is planned to start by the end of 2019 and involves €60 million in investments. The annual production performance of the new unit is expected to reach 40,000 tonnes. The plant is going to produce BOPET (biaxially-oriented polyethylene terephthalate) and BOPP (biaxially-oriented polypropylene) foils.
SRF is a chemical-based multi-business conglomerate, active in several sectors and engaged in the production of industrial and special intermediate chemicals. It has 15 manufacturing units in two continents and it employs 6,300 people globally.
Eurofound (2019), SRF, Business expansion in Hungary, factsheet number 94434, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94434.