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 Sisme a company that designs and produces special asynchronous electric motors will expand its business to Slovakia. The Sisme management decided to establish a new production plant in the southern Slovakian region of Malý Krtíš. Electric motors will be produced and 145 new jobs will be created in the new plant.The largest part of the production will be supplied to companies producing compressors for cooler systems. The building of the plant will start in May 2008. The amount of the new investment as well as the start and the timeline of the employment effect have not yet been announced.
Eurofound (2008), Sisme, Business expansion in Slovakia, factsheet number 66469, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66469.