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.
Germany-based KION Group, a worldwide leading producer of forklifts, warehouse equipment and other industrial trucks, is to create 200 new jobs following the opening a plant in Stříbro (Panattoni Park industrial zone) in mid-February 2016. The plant, which will focus on the production of forklifts, will need production workers, such as welders, agricultural machinery repairmen and auto mechanics.
According to Theodor Maurer, a member of the Board of Kion Group, the plant aims to maintain top position in Eastern and Southern Europe, where the group plans an "above-average growth."
Eurofound (2016), KION Group, Business expansion in Czechia, factsheet number 86185, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86185.