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.
Power company E.ON has confirmed plans to build a biomass plant in Scotland, with the promise of more than 300 jobs. About 40 jobs would be created at the Lockerbie site with a further 300 in forestry and farming. E.ON said 220,000 tonnes of fuel required for the station each year would come from the local area. E.ON, which has two wind farm sites in Scotland, said it was working with Siemens and Kvaerner on the plant at Steven's Croft. It wants to start operations in December 2007. Chief executive Dr Paul Golby said 'The project will also be creating hundreds of jobs, both directly and indirectly, in the local area and we at E.ON are committed to using local producers for our fuel needs.'
Eurofound (2005), E.ON, Business expansion in United Kingdom, factsheet number 62398, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62398.