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.
ZWL Slovakia, a subsidiary of the German Neue ZWL Zahnradwerk company, is expanding its plant in Sucany and it is to hire 135 new employees.
The company operates in Slovakia since 2008 and it produces parts and components for the automotive industry. The new extension of the production plant is being built in the industrial zone of Sučany-Martin. This investment will create 135 new jobs and it is expected to be fully operational by May 2013. According to the CEO, Jozef Pustay, the production capacity of the company will be increased by 200%.
Eurofound (2012), ZWL Slovakia, Business expansion in Slovakia, factsheet number 74363, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74363.