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.
Utility contracting company Gaeltec has announced to create 150 new jobs in Kilkenny and Dublin. Gaeltec provides contracting support to companies involved in upgrading telecoms networks and energy infrastructure. New positions will be for junior and senior engineers, field surveyors, fibre technicians, GIS technicians, supervisors, designers, electricians, and plant operators. About 60 of the 150 new roles will support the SIRO project, which aims to provide gigabit broadband connectivity to 770,000 premises within the next four years.
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar welcomed the news.
Gaeltec was founded in 2003 and employs 200 people in Ireland as well as 100 more in the UK and Europe. It is a subsidiary of Telecabo.
Eurofound (2022), Gaeltec, Business expansion in Ireland, factsheet number 106341, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/106341.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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