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.
McArthurGlen, a UK-based developer and manager of designer outlet centres, is to hire 850 new employees in two Italian locations: 550 at Serravalle Scrivia (Piedmont region) and another 300 at Noventa di Piave (Veneto region). Following the job creation, the two outlets will reach a total workforce of 2,050 and 1,327 respectively. The company plans to open 70 new stores in Serravalle and another 25 in the Noventa centres by spring 2017. The opening of the new stores follows a total investment of EUR 165 million in expansion works.
Eurofound (2016), McArthurGlen Designers Outlets, Business expansion in Italy, factsheet number 88380, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88380.