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.
Czech Autotext Company started the production in its Slovak subsidiary in Snina. There they produce elements to Ford and Audi car interiors, e.g. carpets and seat head-rests. The subsidiary operates in premises of previous Jas Export Shoe Company and currently employs 50 people. Autotext management plans to expand the production in Snina and increase the number of employees up to 300 till the end of 2007. Around 500 employees will supposedly work there in 2008.
Eurofound (2006), Autotext, Business expansion in Slovakia, factsheet number 63870, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63870.