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.
East Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Leicester
Sector
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.13 - Distribution of electricity
150 jobs Number of planned job creations
Announcement Date
14 April 2017
Employment effect (start)
1 May 2017
Foreseen end date
Description
Engineering company Actavo will create 150 new jobs after signing a five year contract with electricity supplier Scottish Power. The contract will begin in May 2017 and the jobs will be phased in over a period of a few months. Jobs are for field engineers who, from a base in Leicester, will install smart meters across the East Midlands and East of England. The meters will automatically feed information back to the energy supplier, meaning that there will be no further reliance on estimated billing.
Sources
14 April 2017: Loughborough Echo
Citation
Eurofound (2017), Actavo, Business expansion in United Kingdom, factsheet number 90860, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90860.
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