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.
AJU Poland, the local representative of Korean steel processing company AJU Steel, will soon open a new factory in Bytyń, where it will employ 250 people, with 100 planned to be hired by the end of 2024. Construction of the coated steel products factory started in June 2023.The investment is being made as part of the Polish Investment Zone Wielkopolska, in the Kostrzyn-Słubice Special Economic Zone. It will be the company's fourth production plant worldwide. The aim of its establishment is to shorten supply chains. The first employees hired have already been sent to South Korea for training. AJU Steel is a South Korean company founded in 1995 and is involved in the production of steel products. It has production facilities in South Korea, China and Mexico.
Eurofound (2024), AJU Poland, Business expansion in Poland, factsheet number 200683, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200683.