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.
Tech Mahindra, an Indian IT firm, is to create 200 new jobs in Belfast when it opens a new office in the city. The firm provides IT support to customers worldwide. The multi-million pound investment is being backed by Invest Northern Ireland. Leslie Morrison, chief executive of Invest NI, said it would bring to 2,500 the number of people employed by Indian companies in Northern Ireland. 'This is another landmark investment, the fourth by an Indian Technology company in Northern Ireland,' Mr Morrison. Sanjay Kalra of Tech Mahindra said: 'Our growth requires high class talent with the right attitude and a good work ethic.' 'Belfast has this refreshing attitude and the spirit of innovation in abundance.' 'Our Belfast centre will play a pivotal role in servicing and growing our client base in Europe and North America.'
Eurofound (2007), Tech Mahindra, Business expansion in United Kingdom, factsheet number 65554, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65554.