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.
Metal Produkt is a private Croatian company founded in 1967. The company currently has 220 employees. Because of higher labour costs in Germany and Austria, Metal Produkt decided to move its production to the city of Vukovar in Croatia. The company has been operating in Croatia since 2016. In early 2017, the company begun its operations in Vukovar (Croatia). Ivan Dzigumovic, the owner of the company, stated that establishing operations in Croatia was achieved without great efforts. His objective is to increase the number of employees of the Metal Produkt up from the current five. Detailed information disclosure is being expected.
Eurofound (2017), Metal Product, Reshoring in Croatia, factsheet number 136, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/136.
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