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.
Irish provider of electrical, mechanical, and high-voltage engineering services Suir Engineering has announced plans to create 200 new jobs worldwide.
The new jobs will be based in Ireland, Denmark, Sweden, Germany, and the UK.
The company has also launched a new training centre for apprentices, aligned with Ireland's SOLAS training program. The programme aims to set a new industry standard for apprentice training and safety education. Suir Engineering reported a turnover of €429 million in 2023, reflecting a 41% increase from the previous year, and continues to expand as part of its European growth strategy.
Currently, Suir Engineering employs about 1,400 people worldwide.
Eurofound (2024), Suir Engineering , Business expansion in World, factsheet number 202112, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202112.