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
Information / Computing 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities
750 jobs Number of planned job creations
Announcement Date
21 March 2005
Employment effect (start)
Foreseen end date
1 March 2007
Description
Technology firm LogicaCMG has opened new offices in south Wales, with hopes that 750 jobs may be created by 2007. The firm provides IT services to companies across the world, including the Ministry of Defence. The company said financial support from the Welsh Assembly Government had been a key factor in the decision to make Bridgend the company's outsourcing hub.
Sources
21 March 2005: BBC News
Citation
Eurofound (2005), Logica, Business expansion in United Kingdom, factsheet number 61289, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61289.