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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.5 - Manufacture of medical and dental instruments and supplies
163 jobs Number of planned job creations
Announcement Date
29 August 2016
Employment effect (start)
Foreseen end date
31 December 2018
Description
Medical devices manufacturer, VistaMed, is creating 163 new jobs at its facility in Co Leitrim.
The company expansion follows a €10m investment, which involves setting up a new 45,000 sq ft research and development facility in Carrick-on-Shannon.
Recruitment for the new jobs is underway with 37 of the 163 jobs already filled. The new roles are expected to be filled by the end of 2018.
VistaMed makes braided catheter systems, as well as providing thermoplastic extrusions for the stringent catheter tubing requirements for minimally-invasive procedures.
Sources
29 August 2016: Silicon Republic.com
29 August 2016: RTE
Citation
Eurofound (2016), VistaMed, Business expansion in Ireland, factsheet number 88399, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88399.
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