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.
Ibiden Co., a Japanese supplier to the automotive industry has invested in a HUF 25 billion (over €101 million) plant in Dunavarsány, Hungary. This is the largest greenfield investment in Hungary in 2005. The factory will employ 200 people in August 2005. With the new project, the company will boost its total investment in Hungary to €200 million by the end of 2006, and a total workforce of 1,200 is expected. The Dunavarsány factory will supply Ibiden's major partners in Europe, including Volkswagen, Daimler-Chrysler and BMW, with diesel particle filters.
Eurofound (2005), Ibiden, Business expansion in Hungary, factsheet number 61935, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61935.