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.
Dyson, the vacuum cleaner- maker, is recruiting 100 more scientists and engineers in the UK in an effort to accelerate the introduction of new products on the back of a 32 per cent increase in pre-tax profit last year.
James Dyson, the entrepreneur who is chairman and owner of the company, said he was keen to enter a series of new - but as yet unnamed - fields outside domestic appliances as part of a further effort to spur growth at the company that he founded in 1993. Mr Dyson - who moved all the company's manufacturing out of the UK to Malaysia in 2000, resulting in a loss of 800 jobs - said the recruitment of extra research and development staff would bring total employment by Dyson in Britain to 1,500 compared with 1,800 at the time he decided to stop making products in the UK.
'The success of the company in the past few years underlines our strategy of basing production in a lower cost country while retaining R&D, service and administration in Britain,' Mr Dyson said.
Mr Dyson also said he hopes to use a small, high-efficiency motor - used in the Japanese vacuum cleaner and which Dyson has designed - to branch out into other fields that some believe could include industrial goods.
Eurofound (2006), Dyson, Business expansion in United Kingdom, factsheet number 63542, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63542.