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.
Shape Corporation, the automotive bumper manufacturer, is to open its first European plant in Pilsen and there it will create 125 new jobs. The first production line will begin operating in January 2011 and the plant will be fully operational by January 2012. Shape Corporation has chosen the Czech Republic for this investment due to the country's location in the heart of Europe and the abundance of workers with experience in the car manufacturing industry. Production capacity of the new facility will be approximately 4 million parts a year.
Eurofound (2011), Shape Corporation, Business expansion in Czechia, factsheet number 71420, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71420.