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.
Packaging and paper manufacturing company Mondi SCP intends to create more than 100 new jobs at its site in Ruzomberok over the coming 12 months. The business expansion comes from the increase in production capacity to 300,000 tonnes per year due to a new paper machine bought with a €310 million investment. It will produce a new type of paper called 'kraft top white' from recycled paper. Over the past three years, the site has hired 200 new employees, raising the total number of employees to over 1,300. Even though 80% of employees are male, women can increasingly find jobs in the site, according to the communications manager.
Update on 15/6/2021: According to the current information, the company in fact created 125 new jobs.
Eurofound (2019), Mondi SCP, Business expansion in Slovakia, factsheet number 98295, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98295.
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