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 company Böwe Elektrik, a manufacturer of cables and cable processing machinery, has opened a factory in which it will employ 100 people. Because of the increased need for tailor-made cable assemblies, including the processing of plastics and the development and construction of cable systems, and the limited growth potential at the current site, the investor decided to build a new factory by expanding the current facility. The newly opened factory in Bolesławiec consists of production and office buildings and is expected to significantly increased the company's production capacity; the new factory will implement a project for the automotive industry. Production and office workers will be employed. Böwe Elektrik provides customised cable assemblies, including plastic processing and the development and construction of cable systems, and has been present in Boleslawiec since 2000.
The company supplies its products to industries such as automotive, automation technology, robotization technologies, and technologies in the field of environmental protection.
Eurofound (2024), Böwe Elektrik, Business expansion in Poland, factsheet number 200791, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200791.