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.
After a six-months long investigation, Electrolux decided to initiate the closure of its appliances factory in Nuremberg, Germany. Production will gradually be moved to Poland and Italy. Closure of the factory is expected to be completed by the end of 2007. Electrolux has decided to invest in Poland for several reasons: availability of workforce, favourable transport conditions (both road and railroad) as well as engagement and good will of the local authorities. The company already has a plant in Siewierz and is now constructing other white goods plants in Oława, Żarów and Świdnica. The company will eventually employ more than 1,000 Poles.
Eurofound (2005), Electrolux, Business expansion in Poland, factsheet number 62622, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62622.