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.
Biotechnology company, Amgen, will become the largest company to invest in Cork in recent times, after it cleared its first planning hurdle on the way to constructing a massive biotechnology plant. Amgen, the world's largest biotechnology company - manufacturing therapeutics based on cellular and molecular biology - is proposing to invest in a 800 million euro plant and employ upwards of 1,100 people. Around 750 of the workforce will be comprised of third-level science graduates. Recruitment is expected to get underway towards the end of 2007 with production set for sometime in 2009.
Eurofound (2006), Amgen, Business expansion in Ireland, factsheet number 64105, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64105.