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.
Hungarian food industry company Kall Ingredients opened its new factory which will create 500 jobs and 750 will be created indirectly in Tiszapüspöki, Jász-Nagykun-Szolnok county.
The HUF 45 billion (EUR 144.5 million) investment was supported by a HUF 9.2 billion (EUR 29.5 million) government grant. Built on a 68 hectare area, the factory will produce isoglucose and other liquid sugars and sweeteners from non-gmo Hungarian corn. Projected to process 530,000 tons of corn yearly, the factory is expected to generate approximately HUF 55 billion (EUR 176.5 million) turnover annually.
Eurofound (2017), Kall Ingredients, Business expansion in Hungary, factsheet number 92485, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92485.
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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