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.
Sogefi, an Italian-owned company which makes filtration equipment for the motor industry is creating 125 jobs in south Wales with an £8 million expansion programme. The Italian-owned company, which employs around 500 in Wales, said the investment would also mean a further 134 jobs will be secured at its Llantrisant factory. That plant, alongside others in Tredegar and Nottingham, make equipment for nearly two-thirds of the UK's cars. This news comes in a period when around 200 jobs have been lost at Welsh firms after MG Rover went into administration in April 2005.
Eurofound (2005), Sogefi, Business expansion in United Kingdom, factsheet number 61650, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61650.