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.
Quintiles Transnational, a U.S. based pharmaceuticals firm, is to create 150 new jobs when it builds a base for its product development business in Livingston, West Lothian. The company already employs about 470 people in Bathgate and Livingston, and will invest 7.5 million GBP on the new site. The project is being aided by a 1.25 million GBP regional selective assistance grant. Graham Murray, general manager of Quintiles Laboratories Europe, said the expansion would enhance the company's level of customer service throughout the UK and Europe. Enterprise Minister Jim Mather said: 'Quintiles' ambition to expand not only brings jobs and investment to West Lothian, it also supports Scotland's growing strengths in the global life sciences sector.'
'Quintiles' investment in the new Livingston facility is excellent news for the Scottish economy generally and shows the high regard in which Scotland's scientific knowledge and expertise is held across the world.'
Eurofound (2007), Quintiles Transnational, Business expansion in United Kingdom, factsheet number 65465, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65465.