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.
On 17 July 2017, GEKA, producer of application systems for liquid colour cosmetics and beauty accessories, announced it will create 250 jobs in Bechhofen, Germany.
GEKA is a subsidiary of Sulzer, a Swiss industrial-engineering company.
In addition to expanding the workforce, the company seeks to increase the manufacturing space in Bechhofen by 12,000 square metres, which GEKA says will double the capacity of the site. Construction is expected to start in 2017 and end in 2018.
GEKA employs about 900 staff members worldwide.
Eurofound (2017), GEKA, Business expansion in Germany, factsheet number 91640, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91640.