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.
Finance company, MotoNovo Finance, which provides finance deals for motor vehicles, has announced that it is to create 200 jobs. The jobs will be based at a new site in Cardiff and include roles for sales, customer services and marketing. Leadership roles will also be available. The jobs follow the group's profits of 69 million GBP for the last financial year, and the company will add 18 million GBP to the Welsh economy through the salaries it will pay. The jobs are expected to be added over the course of the coming twelve months.
Eurofound (2017), MotoNovo Finance, Business expansion in United Kingdom, factsheet number 92440, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92440.