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.
American garden equipments manufacturer Briggs and Stratton has initiated construction of a new assembly hall in industrial zone Ostrava-Hrabová with investment of 600 million CZK which is the first huge investment outside US territory. The first European plant of the company, whose production is scheduled at the beginning of 2007, will create about 125 jobs in the first stage. The foreign investor plans to employ gradually up to 250 people.
Eurofound (2006), Briggs & Stratton, Business expansion in Czechia, factsheet number 63552, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63552.