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.
Afer, the manufacturer of prefabricated houses, has experienced constant growth in the last decade. As a result of that, the company announced on 15 December 2006 its plans to build a new construction plant in Alonsotegui, Vizcaya, in 2007. This new site, which is expected to create around 3,600 jobs, will be devoted to the construction of complete modules for prefabricated houses. The investment is expected to have a positive effect on the transport sector as the modules will have to be transported to be assembled in the construction site.
Eurofound (2006), Afer, Business expansion in Spain, factsheet number 64754, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64754.