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.
The priory group is to create around 1000 jobs in Northern Ireland in the next two years by opening 16 new homes for older people. The £50 million expansion will mean that the company has 17 homes for older people in the region, offering longterm, shortterm and respite care. New homes are to be opened in Belfast, Coleraine, North Down, Ards, Craigavon and Ballymena and will provide 1200 additional beds. Managing director of Priory Care Homes Sharon Butler said "There is a clear need for high quality care homes for older people within Northern Ireland, and that presents a perfect growth opportunity for us. The experience the Priory Group has in mental health, complex and long term care transfers very well into older people's services".
Eurofound (2010), Priory Care, Business expansion in United Kingdom, factsheet number 70757, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70757.