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 13 September 2024, the automotive supplier Marquardt has opened a second plant in Ichtershausen, Thuringia, creating 200 new jobs.
The company manufactures mechatronic switch and control systems. At the new location, battery management systems for electric vehicles will be produced. 200 new jobs will be created by 2025. A nine-figure sum was invested, the exact amount is not known.
The company employs around 10,000 people worldwide across 22 locations. Marquardt's headquarter is in Rietheim-Weilheim, Baden-Württemberg. In 2023, its turnover amounted to approximately 1.4 billion euros.
Eurofound (2024), Marquardt, Business expansion in Germany, factsheet number 201606, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201606.