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.
Siemens, a Germany-based engineering company, plans to expand its manufacturing capacity and create 200 new jobs at its facility in Mohelnice. The plant, focusing on electric motor production, currently employs 2,200 people. The volume of outputs and the number of staff have now reached pre-crisis level. Employment of new recruits will start in March 2012.
Eurofound (2011), Siemens, Business expansion in Czechia, factsheet number 72431, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72431.