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.
At the beginning of September 2005, Swedish firm Pharmadule Emtunga started to built a new factory in Jüri industrial park. The investments will reach some 120 million EEK. The building of the complex should be finished by the end of 2005 and from November 2005, the production and completion of high-technology module houses will start. The main customers will be pharmaceutical firms and oil companies. By the end of 2005 Jüri factory will need 50 employees and during the next two years the number of employees will increase up to 200. The company will use also subcontractors from Estonia: Viljandi Metall, Maru Ehitus and Monic.
Sources
27 October 2005: Postimees
27 October 2005: Aripaev
Citation
Eurofound (2005), Pharmadule Emtunga, Business expansion in Estonia, factsheet number 62492, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62492.
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