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.
The Belgian multinational material technology company Umicore announced that it will create 400 manufacturing jobs at its new factory in Radzikowice near Nysa, Poland. The factory will specialise in the production of rechargeable battery materials for electrified mobility. The unit is expected to be operational in 2020, and the company will launch a recruitment process in the next months.
Umicore was formed in 1989 by the merger of four companies in the mining, and smelting industries. In Poland, the company has been operating since 2016; Umicore has a catalyst factory in Nowa Ruda.
Eurofound (2020), Umicore, Business expansion in Poland, factsheet number 99961, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99961.