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.
Spanish Elastrosa Company will establish a subsidiary in Southern Slovakia. The company management decided for a greenfield investment in a value of SKK 130 million. The new plant will produce rubber semi-products, e.g. different sealings, also for the automotive industry. The company management plans to employ 210 employees there (the first 60 employees will be hired within one year). According to the chair of local municipality, František Moravec, the planned production is based on ecological technology and will not damage the environment.
Eurofound (2006), Elastrosa Slovakia, Business expansion in Slovakia, factsheet number 64028, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64028.