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.
Longbenton Foods, a producer of frozen food products, has announced plans to create 180 jobs in North Tyneside. The factory had closed down after a major fire but resumed production in January 2010 with a workforce of about 60. The company operates in a competitive industry and it now has a positive outlook on growth. No specific date has been given for the 180 additional jobs but the company said that new staff would be employed over the next months.
Eurofound (2010), Longbenton Foods, Business expansion in United Kingdom, factsheet number 70598, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70598.