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.
Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
100 jobs Number of planned job creations
Announcement Date
3 August 2026
Employment effect (start)
3 August 2026
Foreseen end date
Description
IBIH Advanced Materials, a Chinese manufacturer of advanced battery materials, opened its first Slovak plant in Trnava. The factory is located in CTPark Trnava and aims to employ 100 to 120 people in total once fully operational, of which around 60 positions have already been filled.
The expansion is driven by growing demand for electric-vehicle components and the company's investment of €10 million into the site, positioning it as a supplier of thermal-insulation and fire-protection pads for EV batteries in Europe.
All new jobs are being created at the Trnava location. The plant currently employs around 60 workers, roughly half of the planned 100–120 total, with the remaining positions expected to be filled as production ramps up toward full capacity.
Citation
Eurofound (2026), IBIH Advanced Materials, Business expansion in Slovakia, factsheet number 300870, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300870.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...