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.
Northern Ireland; Northern Ireland; Antrim and Newtownabbey
Location of affected unit(s)
Antrim
Sector
Financial / Insurance/ Estate 68 - Real estate activities 68 - Real estate activities with own property and development of building projects 68.1 - 68 - Real estate activities with own property and development of building projects
500 jobs Number of planned job creations
Announcement Date
30 May 2005
Employment effect (start)
Foreseen end date
Description
500 additional jobs are to be created in a £100 million expansion at Junction One, Northern Ireland's first international outlet shopping centre. The complex near Antrim has announced that a second phase of retail units has been approved, along with a fitness centre, a hotel and a multi-screen cinema. It comes a year after the centre complex opened on the 60-acre site. Alistair Kennedy of Junction One said the new facilities had significant economic and tourism benefits. 'Junction One has surpassed all expectations welcoming over 2.5 million visitors in its first year of operations'.
Sources
30 May 2005: BBC News
Citation
Eurofound (2005), Junction One, Business expansion in United Kingdom, factsheet number 61651, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61651.