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 (England); Cambridgeshire and Peterborough; Peterborough
Location of affected unit(s)
Peterborough
Sector
Wholesale / Retail 47 - Retail trade 47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories 47.81 - Retail sale of motor vehicles
100 jobs Number of planned job creations
Announcement Date
1 August 2019
Employment effect (start)
Foreseen end date
Description
Car retailer Big Motoring World announced that it intends to create 100 new jobs as part of its expansion in Peterborough. The company finalised the purchase of a new site in a deal worth GBP 5.5 million (€6.05 million) and it just finished to recruit around 200 employees. The company plans to bring the total headcount of the site up to 312. The site will be used to prepare vehicles for the company's other sites or for direct dispatch to customers.
Eurofound (2019), Big Motoring World, Business expansion in United Kingdom, factsheet number 98351, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98351.