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.
German company Druxmeyer decided to establish its first subsidiary in Slovakia in the area where Johnson Controls has also built a production plant. The €12 million investment will spread over a 7 hectares area. New production plant for electrical cables for cars is an important investment for the south Slovakian region where unemployment rate is more than 20%.
Eurofound (2005), Druxmeyer, Business expansion in Slovakia, factsheet number 62643, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62643.