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.
(10 - 33) Manufacturing (19) Manufacture of coke and refined petroleum 19.2 - Manufacture of refined petroleum products and fossil fuel products 19.2 - Manufacture of refined petroleum products and fossil fuel products
200 jobs Number of planned job creations
Announcement Date
25 July 2007
Employment effect (start)
1 January 2009
Foreseen end date
Description
Norwegian bio-ethanol firm Global Green One is to build EUR 101 million bio-ethanol factory in Békéscsaba, Southern Hungary. GG-One utilizes prime crop and residuals from agricultural and forest production and turns it into economic bio fuels. Construction of the facility is to begin in April 2008, after obtaining the necessary permits and operation is expected to start in January 2009. The factory would give employment to 200 people altogether, including 100 in logistics. GG-One plans to open other bio-ethanol facilities in other parts of the country in the future: Kalocsa, Central Hungary, and Szombathely and Kõszeg in Western Hungary.
Sources
25 July 2007: Budapest Business Journal
Citation
Eurofound (2007), Global Green One (GG-One), Business expansion in Hungary, factsheet number 65676, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65676.
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...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...