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.
A new South-Korean investor, Hanil E-Hwa, came to Slovakia to participate in the automotive industry boom. Hanil E-Hwa Company decided to establish its subsidiary in the same area where also other South-Korean investor Dongil Rubber Belt Company will operate. Dongil Company will also participate in the new investment of around €40 million. The new production plant will supply complete sets to car interiors for KIA Slovakia in Žilina. Later on the production capacity will be extended and the products will be supplied also for Hyundai plant, which will be established in the Czech Republic.
Eurofound (2006), Hanil E-Hwa, Business expansion in Slovakia, factsheet number 62983, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62983.