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.
British manufacturer Rolls-Royce has announced the creation of 130 new roles at its production facility in Inchinnan, Renfrewshire near Glasgow in Scotland. The company has decided to invest around £60 million (approximately €84.9 million) in a specialist unit that will supply bespoke parts for aero-engines. The company has said that the creation of the 130 jobs would partly offset the loss of 187 jobs at the plant in Inchinnan that took place in the first quarter of 2015 after restructuring in the company’s aerospace division. Rolls-Royce currently has 54,000 employees in more than 50 countries and in 2014 it had a turnover of more than £14 billion (approximately €19.8 billion).
Eurofound (2015), Rolls-Royce, Business expansion in United Kingdom, factsheet number 84332, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/84332.