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.
Canadian Alcan Company decided to establish its European subsidiary in Slovakia in Levice industrial zone Geňa. The decision to invest in Slovakia was announced by Alcan PR manager Mr Alexander Christensen already in January 2006 but the contract on lease of land was signed only recently. Aluminium profiles for central and east European construction and machinery industry will be produced in new production plant, which is a Greenfield investment of SKK 1.12 billion. Around 200 new jobs will be created there in the first stage of the investment. According to the representative of local municipality Mr Štefan Miššák, Italian, French, Swedish and German companies announced their serious interest to run business in that industrial zone, too.
Eurofound (2006), Alcan, Business expansion in Slovakia, factsheet number 63704, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63704.