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.
Watch manufacturer Ice-Watch plans to relocate its production from China to Belgium, creating 120 jobs.
According to the management, the relocation is to enhance the watches’ quality and to keep the seal of quality "Made in Belgium".
The timeline for the restructuring plans is not yet available.
Eurofound (2014), Ice-Watch, Business expansion in Belgium, factsheet number 76518, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76518.
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