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.
Syngenta, a multi-national company that operates in the agricultural chemical sector, has announced that it is to create 50 jobs at its site in Grangemouth, Falkirk.The company currently employs about 270 people in the town. A spokesman said investment is set to be spent in Grangemouth over the next three years to accommodate an increase in the production of azoxystrobin, a key ingredient in fungicide Amistar, and is part of a GBP75 million investment in the company’s facilities in the UK. As of 27 July 2008, the start date for the new jobs is not known.
Mark Peacock, head of global operations for Syngenta, stated global food supply must increase by 50% over the next 20 years if the increase in demand is to be met. He stated ‘The use of crop protection products is an immediate and sustainable way to increase agricultural productivity. Today's announcement will enable Syngenta and the UK to play a leading role in providing growers around the world with the tools they need to protect and improve yield.’
Eurofound (2008), Syngenta, Business expansion in United Kingdom, factsheet number 66912, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66912.
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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