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 american manufacturer of heat transfer products, Modine Manufacturing Company, is to build a new 8000 sq metre plant in Füzesabony, North Hungary. The production of aluminium heat transfer products for trucks is expected to start in the second quarter of 2008. The Greenfield Investment is in the value of 12 million USD. There are plans to build the capacity of the facility as a result of which the unit may employ as many as 150 employees by the first years of the next decade. The new plant will belong to Modine Hungária Gépjárműtechnikai Kft., the hungarian subsidiary of the american company, but it will establish itself as an independent profit-centre. In the company's other hungarian unit in Mezőkövesd, also in North Hungary, employing 334, cooling modules are produced for MAN, Iveco, Volvo, ZF-nek, Voith, and DaimlerChrysler.
Eurofound (2007), Modine Hungária Gépjárműtechnikai Kft., Business expansion in Hungary, factsheet number 65533, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65533.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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