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.
Engineering company Camlin, based in Lisburn, Northern Ireland, has announced plans to create 298 new jobs. The jobs are being supported by a 5 million GBP (€5.6 million) investment from Invest NI, and it is anticipated that the jobs will add around 9.5 million GBP (€10.7 million) annually in salaries to the local economy. The business will centre its research, design and manufacturing divisions within Northern Ireland for its products, which it supplies to the electricity and rail sectors. There is no information as to when all the jobs will be filled, though it has been reported that 98 of the positions have already been offered.
Eurofound (2018), Camlin, Business expansion in United Kingdom, factsheet number 95824, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95824.