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.
Victor Buck Group, Luxembourg-based printing company, will run its business also in Slovakia. The Greenfield investment in amount of EUR 12.5 million is aimed at company's expansion in the central and east European region. Company management plans to create around 200 new jobs till the end of 2010. The majority of new employees will work as operators of printing machines. The production is to be launched in April 2007. Victor Buck Company representatives negotiate possible provision of a state aid (e.g. allowances for creation of new jobs, tax holiday, subsidies for training of new employees) with the Slovak Government. The outcomes of the negotiations are not yet available.
Eurofound (2006), Victor Buck Group, Business expansion in Slovakia, factsheet number 64307, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64307.