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.
The German group Flachglas, a manufacturer of float glass, will expand its business at its plant in Weiherhammer, increasing the number of jobs by 250. One-half of the vacancies will be filled in by new employees and the other by workers, relocated from the company's plant in Wernberg-Köblitz. The employment effect will start in summer of 2020.
The job growth relates to a restructuring of the Bavarian plants. The Weiherhammer plant expands due to increasing orders by regional manufacturers, whereas Wernberg-Köblitz shall focus on the manufacturing of glass for railways and boats.
Eurofound (2019), Flachglas Wernberg, Business expansion in Germany, factsheet number 99456, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99456.
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