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.
Vizion Network, the Hull based car repair company, has announced that it is to create 100 jobs at its site in Wellingborough, Northamptonshire. The expansion follows the takeover of the former NFU Mutual call centre; 42 jobs have been transferred from NFU in addition to the plans to create 100 jobs by the end of 2017. A spokesperson for Vizion confirmed that Hull would remain the primary call centre; the expansion in capacity is required following deals which Vizion has struck with several insurers resulting in a threefold increase in the number of claims processed between 2014 and 2016. Recruitment for the new positions has already started with the jobs expected to be filled gradually throughout 2017.
Eurofound (2017), Vizion Network, Business expansion in United Kingdom, factsheet number 90190, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90190.