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.
PSA Peugeot Citroen is to create 900 new jobs at its subsidiary in Trnava by the end of 2011. The hiring of first employees started in April 2011. The business expansion is attributed to the launch of the production of a new car model.
UPDATE, 04/11/2011: PSA Peugeot Citroën Company in Trnava launched the new Peugeot 208 car and corrected the number of newly created jobs downwards. Instead of the previously announced 900 jobs, 800 new jobs will be created there until July 2012.
UPDATE, 24/01/2012: According to latest news, the company is to create 900 new jobs in its factory in Trnava for the production of the Peugeot 208 model.
Eurofound (2011), PSA Peugeot Citroën, Business expansion in Slovakia, factsheet number 71917, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71917.