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; Monmouthshire and Newport
Location of affected unit(s)
Cwmbran
Sector
(61 - 63) Information / Computing 63 - Computing infrastructure, data processing, hosting and other information service activities 63.9 - Web search portal activities and other information service activities 63.9 - Web search portal activities and other information service activities
280 jobs Number of planned job creations
Announcement Date
4 November 2015
Employment effect (start)
30 November 2015
Foreseen end date
30 November 2018
Description
Kukd.com, a new restaurant booking and takeaway ordering business, is due to launch in November 2015 with the creation of 280 jobs. The company which will serve businesses across the UK will be based in Torfaen, South Wales and has been setup by entrepreneur Shelim Hussein of the Euro Foods Group. The business start-up has been supported by investment from the Welsh government. Over 3,000 restaurants have reportedly already signed up so that their customers can order via the various technology platforms. 100 staff were employed to build the website and a further 180 staff are expected to be added over a three year period.
Sources
4 November 2015: BBC Website
Citation
Eurofound (2015), Kukd.com, Business expansion in United Kingdom, factsheet number 85452, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/85452.
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