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.
The automobile manufacturer, Porsche, has announced that it is to create 600 jobs by 2009. The company has decided to manufacture its new car, the Panamera, in Leipzig (Saxony). Prototype production will begin by summer 2008, and full production by April 2009. New employees will be hired in stages. Investment in the new production line will amount to 150 million EUR.
See also previous factsheet.
Eurofound (2008), Porsche, Business expansion in Germany, factsheet number 66146, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66146.