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.
Manufacturing (29 - 30) Manufacture for transport equipment 29 - Manufacture of motor vehicles, trailers and semi-trailers 29 - Manufacture of motor vehicles, trailers and semi-trailers
500 jobs Number of planned job creations
Announcement Date
3 April 2012
Employment effect (start)
Foreseen end date
Description
UK-based luxury car manufacturer Bentley Motors will create 500 new jobs and secure 200 jobs at the firm's headquarters in Crewe. The business expansion plans follow the increase in global demand for luxury cars.
The company received government funding, which will be used for an engine research and development project. The money came through the second round of the Regional Growth Fund and the company hopes it will facilitate its expansion in new overseas markets, such as China.
Sources
3 April 2012: Manchester Evening News
Citation
Eurofound (2012), Bentley Motors, Business expansion in United Kingdom, factsheet number 73606, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73606.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...