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.
BMW has opened its new factory in Leipzig, where the new 3-series-model has gone into production in March 2005. BMW has invested €1.3 billion, €363 million were given as subsidies by the state of saxony. In the medium term production is to be increased from 160 to 650 cars each day, employment is to rise from 2,500 to a maximum of 5,500 in 2006.
Eurofound (2005), BMW, Business expansion in Germany, factsheet number 61609, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61609.