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.
Hella Lux Slovenija is a producer of lighting equipment for motor vehicles that is 100% owned by the German group Hella. Currently, Hella Lux Slovenija employs 900 people and has a turnover of 90 million EUR. The firm is also undergoing a significant business expansion. By December 2007, it plans to put into operation a new facility for the production of plastic refractors for headlamps and fog-lamps. This will enable the company to increase the production of headlamps from 1.8 million units to 3 million units, and to increase the production of fog-lamps from 4.5 million units to 6 million units. The firm expects that its turnover will increase to 140 million EUR, and that employment will also increase by around 100 to 200 employees.
November 2007/July 2008
Media sources dated 28th November 2007 and 22nd July 2008 state that the new facility within the plant has been opened, which will result in the increase of employment from currently 903 employees to 1044 employees, i.e. an increase of 141. 88 of new jobs have been created by July 2008, while the rest 53 jobs will be created by May 2009.
Eurofound (2007), Hella Lux Slovenija, Business expansion in Slovenia, factsheet number 65577, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65577.
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