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.
East Midlands (England); Derbyshire and Nottinghamshire; East Derbyshire
Location of affected unit(s)
Chesterfield
Sector
Wholesale / Retail 46 - Wholesale trade 46.7 - Wholesale of motor vehicles, motorcycles and related parts and accessories 46.72 - Wholesale of motor vehicle parts and accessories
400 jobs Number of planned job creations
Announcement Date
13 April 2016
Employment effect (start)
Foreseen end date
Description
Ferdinand Bilstein, a specialist car parts distributor, has announced plans to create 400 new jobs at Markham Vale Business Park in Chesterfield. The announcement follows a deal between the German company and Derbyshire County Council. 150 of the jobs will be created in the first wave, with the company adding the remaining 250 over the following years. It is not being reported when the new jobs will begin, but the site will be operating by the end of 2016. The company cited the proximity of the Business Park to both its UK customers and the motorway network as key reasons for the decision to set up in the East Midlands.
Sources
13 April 2016: ITV
14 April 2016: Insider Media
Citation
Eurofound (2016), Ferdinand Bilstein, Business expansion in United Kingdom, factsheet number 87335, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87335.
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...