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.
Distribution company Clipper Logistics has announced that it is to create 400 jobs at a new site at Teeside. The company announced that 95 of the new jobs would be filled by workers from other centres, with 305 being new appointments.
The company is working closely with retailer ASDA to manage the logistics of the George clothing brand. Teeside is now the largest clothing warehouse in the region and is expected to handle around three million items of clothing a week. It will be used as the import base for clothes being produced in Asia.
Eurofound (2012), Asda, Business expansion in United Kingdom, factsheet number 74440, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74440.