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.
British Hi-Technology Group announced its decision to invest in Košice, the east Slovakian industrial and administrative centre, where also US Steel and Getrag-Ford companies operate. The company management will invest around 25 million SKK to establish its subsidiary there. Plastic parts for medical use, ship-building, space and defence industry will be produced in the new plant. In total around 150 new jobs will be created. The start of the hi-tech based sophisticated production is planned for August 2007. The company management intends to offer over-standard remuneration for highly qualified employees.
Eurofound (2007), Hi-Technology Group, Business expansion in Slovakia, factsheet number 65421, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65421.