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.
Continental, the Germany-based car parts producer, has recently opened a new production hall in the city of Trutnov, where it will create up to 200 new jobs. The full production of exhaust gas sensors (8 million pieces per year) will start at the latest by the end of 2019. In the new hall, with a total production area of 3,000 m2, elements of Industry 4.0, and advanced robotic automation are applied.
Thanks to business expansion, the number of employees at the site is to increase to 2,000.
Eurofound (2018), Continental, Business expansion in Czechia, factsheet number 94446, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94446.