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.
Hungarian subsidiary of the US-based producer of turbocharges BorgWarner plans to increase its production capacity by some 50%. The move will result in the creation of 140 new jobs at the plant located in the Hungarian town of Oroszlány. As of December 2011, there is no information on the timeline of the job creation.
Major customers for the company's turbochargers are BMW, Renault, Volvo, GM, Fiat, Volkswagen (VW), Audi, Deutz and PSA group.
Eurofound (2011), BorgWarner, Business expansion in Hungary, factsheet number 73246, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73246.