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.
Publisher Penguin Random House has announced that it is to create 100 new jobs at its site in Frating, near Colchester. The company had announced in 2015 its intentions to consolidate its warehousing and distribution operations in Grantham and Frating with the closure of its site in Rugby. The Frating site currently employs 600 staff, and some minor building work, including the creation of extra parking spaces will be carried out to house the new employees. The new jobs will be added to various departments at the centre throughout 2017.
Eurofound (2016), Penguin Random House, Business expansion in United Kingdom, factsheet number 89114, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89114.