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.
On 28 June 2006, the Wacker Group, a chemical company in Germany, announced the creation of 270 jobs at its new site in Burghausen till the end of 2009. Wacker plans to expand its annual polysilicon production capacity by an additional 4,500 metric tons to a total of 14,500 metric tons by the end of 2009. Wacker has earmarked capital expenditures of around EUR 300 million for this project.
Eurofound (2006), Wacker Chemie, Business expansion in Germany, factsheet number 62805, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62805.