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.
A battery recycling plant is to be built in the Gwent valleys, bringing 128 jobs to an unemployment blackspot. EnviroWales Ltd has received a £2.5 million grant from the Welsh Assembly Government towards the project.
The factory will be built on the Rassau Industrial Estate near Ebbw Vale and is expected to open in 2006. The factory will have the capacity to deal with up to 70,000 tonnes of used batteries a year.
Eurofound (2004), EnviroWales Ltd, Business expansion in United Kingdom, factsheet number 61138, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61138.