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.
BWI, Chinese manufacturer of shock-absorbers for vehicles, has began the construction of a new factory at Panattoni Park in the city of Cheb and plans to create 300 jobs there. The new factory could be in operation from mid-2016. Recruitment of employees is already underway and the highest positions have been filled. Recruitment of production workers should start at the beginning of 2016. At its new factory in Cheb, BWI will produce passive shock absorbers for higher-class vehicles from car-makers including BMW, Volvo, Audi, Opel and Jaguar Land Rover.
Eurofound (2015), BWI, Business expansion in Czechia, factsheet number 84955, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/84955.