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.
Airflyght, the joint Hungarian-Italian company, will expand its business to Slovakia. The company will establish its greenfield production plant in Tornala — the region where the unemployment rate is around 26%. The ready-made clothing for Benetton will be produced there. Airflyght plans to create around 200 new jobs in the new production unit in a year. It intends to ask the Slovak government for a state aid.
Eurofound (2007), Airflyght, Business expansion in Slovakia, factsheet number 64863, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64863.