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.
Wales; South East Wales; Central Valleys and Bridgend
Location of affected unit(s)
Treforest
Sector
(35) Electricity 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply
250 jobs Number of planned job creations
Announcement Date
14 December 2011
Employment effect (start)
1 June 2012
Foreseen end date
30 June 2012
Description
Renewable energy firm Swalec Smart Energy has announced that it is to create a new £7m renewable energy training centre with the creation of 250 jobs. The firm will receive £2m in Welsh government funds for the project. It is anticipated that the centre will be operational in 6 months.
According Swalec Smart Energy, the company has already created 800 jobs within the last four years. It currently employs around 2,000 people in Wales.
Sources
14 December 2011: BBC Website
Citation
Eurofound (2011), Swalec Smart Energy, Business expansion in United Kingdom, factsheet number 72870, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72870.
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