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.
Trade Centre Wales, the car superstore, has confirmed that it will expand to England with its purchase of the former Carcraft site in Wednesbury in the West Midlands. The retailer, which is the largest seller of cars in Wales, has confirmed that it will create 200 jobs at the new site. The site has been empty since the demise of the Carcraft business and local politicians and business groups have expressed support for the new venture. The exact opening date has not been confirmed and it is understood that some refurbishment work will be carried out. Reports for the opening suggest sometime early in 2017.
Eurofound (2016), Trade Centre Wales, Business expansion in United Kingdom, factsheet number 89398, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89398.