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.
Pro-Heg, a Czech subsidiary of the German kitchen utensils, hotel and catering equipments supplier WMF, was the first foreign investor in a newly opened 10 hectares industrial area (CZK 105 million) of the city Domažlice. The company intends to employ 80 workers in 2007 and up to 180 people within next three years. The area has attracted six investors from Germany and could create some 600 new jobs in the long run. Employers are looking especially for machinery specialists. According to the local labour office, the project may considerably decrease unemployment rate in the city that currently amounts to 5.6 %.
Eurofound (2006), Pro-Heg, Business expansion in Czechia, factsheet number 64302, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64302.