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.
EDF energy, a firm that operates in the energy sector, has announced that it is to create 300 jobs at a call centre that it operates in Sunderland. The firm employs 1,400 at the site in Sunderland. The firm has not specified when recruitment for the new positions will commence. The announcement of the new jobs follows CitiFinancial, a firm that also operates a site on the same business park as the EDF energy call centre, announcing 400 job losses in May 2008. EDF energy will utilize office space formerly used by CitiFinancial. A manager at EDF energy site stated:
‘This is a fantastic opportunity to acquire space close to our current operations that will allow us, over time, to deliver more business activities requiring up to 300 people. We are delighted with the quality of people we attract in the North East and this is an opportunity too good to miss.’
Paul Watson, the leader of Sunderland City Council, stated:
"World class companies such as EDF Energy contribute so much to Sunderland and the North East economy, and this announcement confirms yet again that Sunderland is one of the best places for blue-chip businesses to locate and succeed."
EDF Energy is owned by the French firm Électricité de France. It employs approximately 13,000 in the UK.
Eurofound (2008), EDF Energy, Business expansion in United Kingdom, factsheet number 66759, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66759.
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