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)
Bridgend
Sector
(61 - 63) Information / Computing 63 - Computing infrastructure, data processing, hosting and other information service activities 63 - Computing infrastructure, data processing, hosting and other information service activities 63 - Computing infrastructure, data processing, hosting and other information service activities
100 jobs Number of planned job creations
Announcement Date
28 January 2014
Employment effect (start)
28 January 2014
Foreseen end date
28 January 2017
Description
Financial technology company Ideoba has announced that it will create over 100 jobs in a new R&D centre in Bridgend over the next three years.
The company is developing an expert search engine for the financial investment sector backed by private finance and funding from the Welsh Government.
Sources
28 January 2014: Wales Online
Citation
Eurofound (2014), Ideoba, Business expansion in United Kingdom, factsheet number 76600, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76600.
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