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.
Norwegian bio-ethanol firm Global Green One is to build EUR 101 million bio-ethanol factory in Békéscsaba, Southern Hungary. GG-One utilizes prime crop and residuals from agricultural and forest production and turns it into economic bio fuels. Construction of the facility is to begin in April 2008, after obtaining the necessary permits and operation is expected to start in January 2009. The factory would give employment to 200 people altogether, including 100 in logistics. GG-One plans to open other bio-ethanol facilities in other parts of the country in the future: Kalocsa, Central Hungary, and Szombathely and Kõszeg in Western Hungary.
Eurofound (2007), Global Green One (GG-One), Business expansion in Hungary, factsheet number 65676, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65676.