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.
On 17 April Greiner Bio-One announced the creation of about 100 jobs, to be in place in February 2009, when the first phase of its new production plant and R&D centre in Freidstadt will be completed. An additional 200 employees will be recruited in the mid-term. The investment for the new plant will amount to € 30 million and the construction will start in May 2008. The family-owned corporation, which is headquartered in Kremsmünster in Upper Austria, specialises in biotechnology, diagnostic and pharmaceutical industries as well as in medical and in-vitro diagnostics. It employs some 1,300 workers worldwide, of which 395 work at its headquarters in Kremsmünster.
Eurofound (2008), Greiner Bio-One International, Business expansion in Austria, factsheet number 66567, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66567.