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.
German producer of automotive accessories Hengst Automotive has announced that it will create 130 jobs at its new production facility in Gogolin (Katowice Special Economic Zone, Poland). The factory is expected to be operational in late 2017, and the company plans to invest PLN 66 million (EUR 15.75 million USD 17.6 million) in the project.
The company specialises in the production of fluid management systems, crankcase ventilation systems as well as filter systems for oil, fuel, air and cabin air filtration. Hengst Automotive was founded in 1958. Currently, the company has 15 factories in Germany, Brazil, China, India, Singapore and the USA and employs about 3,000 people.
Eurofound (2017), Hengst Automotive, Business expansion in Poland, factsheet number 91004, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91004.
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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