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 29.3 - Manufacture of motor vehicle parts and accessories
231 jobs Number of planned job creations
Announcement Date
20 May 2005
Employment effect (start)
1 July 2005
Foreseen end date
31 July 2006
Description
Automotive supplier Borbet is investing in its production in Thuringia and wants to double its workforce at the plant in Bad Langensalza. Borbet supplies alloy wheels to all German car manufacturers and has enjoyed healthy growth recently.
Sources
21 May 2005: MDR.DE
Citation
Eurofound (2005), Borbet Thüringen GmbH, Business expansion in Germany, factsheet number 61615, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61615.