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.
Italian Sitem Company decided to establish its subsidiary in Spišská Nová Ves industrial zone. Sitem Slovakia will produce components for electric motors. Embraco Slovakia Company, which operates in the industrial zone too, is assumed to be one of its main customers. Embraco Slovakia has been continuously expanding its production since 1998.
Eurofound (2005), Sitem Slovakia, Business expansion in Slovakia, factsheet number 61387, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61387.