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.
ClinTec International, a firm that engages in clinical research, has announced that it is to create 240 jobs in Glasgow with the establishment of a new site. The firm, which provides specialist clinical consultancy to national and global pharmaceutical and biotech companies, will base its worldwide human resources, finance, information technology, marketing, legal and sales functions at the new site. The jobs will be created by the end of 2010, and the firm will also receive a grant of 1.34 million GBP from the Scottish Government. Jim Mather, Scottish Minister for enterprise, energy and tourism, stated:
‘This is great news for Glasgow and a tribute to Scotland's strengths in life sciences… We are creating the kind of supportive business environment that I believe will see many more companies follow ClinTec's example.’
Dr Rabinder Buttar, president and founder of ClinTec, said:
‘I am pleased that our Scottish operations will play a central role as we develop into a major global player in contract clinical research. From the key universities and research institutes in Scotland we will recruit, train and develop a highly skilled talent pool to work on our global initiatives.’
Eurofound (2007), ClinTec International, Business expansion in United Kingdom, factsheet number 66079, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66079.
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