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.
North East (England); Northumberland, Durham and Tyne & Wear; Sunderland
Location of affected unit(s)
Sector
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
200 jobs Number of planned job creations
Announcement Date
23 September 2004
Employment effect (start)
Foreseen end date
Description
The British motor industry received a significant boost yesterday when Nissan said it would build its new European family car at its Sunderland plant, creating 200 jobs. Nissan, the Japanese car-maker, in which Renault owns a 44% stake, said it would build 100,000 of the new Tone model at Sunderland, with the start of production planned for January 2006. Nissan said it would invest £125 million in the new car, which will compete with the likes of Renault's new Modus people-carrier, and £25 million of this will go to Sunderland. The plant, which employs 4,300 people, is rated Europe's most productive, with an annual output of 330,000 and capacity of half a million.
Sources
24 September 2004: The Guardian
Citation
Eurofound (2004), Nissan, Business expansion in United Kingdom, factsheet number 60533, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60533.
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...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...