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.
Insurance company Admiral has announced plans to create 236 new jobs in South Wales. The new positions will be in sales, customer service and policy renewals and they will be created over the next three months at locations in Cardiff, Newport and Swansea. The announcement comes after a 15% rise in annual profits to £345m in March.
Plans for next year include Admiral moving into its new headquarters in Cardiff city center and to a new office in Newport's Cambrian Centre.
Admiral has created a total of 519 jobs in the UK since June 2008 (see Admiral-UK2009 & Admiral –UK2008).
Eurofound (2013), Admiral, Business expansion in United Kingdom, factsheet number 75363, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75363.
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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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...
