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.
Bus and coach operator Edwards Coaches has announced plans to create 110 new jobs. The company, which is headquartered in Llantwit Fadre, near Cardiff, operates from a number of locations in South Wales and the Bristol area. The family run business is supported by over 11 million GBP (€12 million as per 22 August 2017) investment from the Santander bank, which will be used to buy a new fleet of 40 coaches and for the recently acquired depot in Avonmouth. Recently, Edward Coaches was awarded a contract to service the Bristol and Bath areas. There is no information as to when the jobs are expected to be filled.
Eurofound (2017), Edwards Coaches, Business expansion in United Kingdom, factsheet number 91746, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91746.