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.
As announced on 20. February 2023, the German automotive parts manufacturer Stelter intends to expand and will create 100 new jobs at its new production site in Bassum. Construction of the new production has already started and is expected to be completed by May 2023. CEO Westerkamp confirmed that all machinery will be ready to start in September 2023. Until that time, Stelter is looking for service providers, merchants, logisticians, setters and machine operators.
Stelter has currently 420 employees in Germany.
Eurofound (2023), Stelter, Business expansion in Germany, factsheet number 108587, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108587.