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.
Newcastle-based company, Danieli Holdings, has announced that it is to create 600 new jobs following a refinancing package from the Allied Irish Bank (GB). The company operates in the security, healthcare, training and property development sectors, though the job creation will be in its Phoenix Eye security business. New Phoenix Eye offices will be opened in 2015 in Leeds, Edinburgh, Birmingham and London. 1,200 people are already employed in the Phoenix Eye section of the business, so the anticipated job creation will boost the company by 50%.
Eurofound (2015), Phoenix Eye, Business expansion in United Kingdom, factsheet number 78552, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/78552.