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.
Leisure group JD Wetherspoon has announced plans to open 30 new pubs in 2007, creating 1,200 jobs. The expansion plans come as the pub group prepares for the introduction of a smoking ban in England and Wales.
Wetherspoon said it hoped the ban, which is due to come into force next year, would eventually encourage more people to visit its pubs. The company already prohibits smoking in many of its pubs, and said it would invest £35 million ($69 million) in the new sites.
Wetherspoon added that it planned to spend £25 million on its existing estate of 662 pubs, including creating smoking areas outside of pubs.
Smoking is already banned in Scottish pubs and is set to be prohibited in Wales and Northern Ireland from 2 April and in England from 1 July 2007.
Eurofound (2006), JD Wetherspoon, Business expansion in United Kingdom, factsheet number 64677, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64677.
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