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.
Universal Engineering has announced the creation of 200 jobs at its site in Llantrisant in South Wales. The company produces components with various applications in fields such as offshore oil and gas, and aerospace. The company opened its new plant in Llantrisant six months ago and now wants to take advantage of the skilled workforce in the area by expanding. It also plans a centre of excellence at the site, which has been backed by £2 million investment from the Welsh Government. The timetable for filling the new vacancies is not known.
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Eurofound (2015), Universal Engineering, Business expansion in United Kingdom, factsheet number 78595, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78595.