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.
Hotel / Restaurants Accommodation And Food Service Activities Food And Beverage Service Activities 56.10 - Restaurants and mobile food service activities
6,000 jobs Number of planned job creations
Announcement Date
26 January 2012
Employment effect (start)
30 January 2012
Foreseen end date
1 January 2015
Description
US-owned restaurant franchise Subway plans to open 600 new branches in the UK and the Republic of Ireland, creating 6,000 jobs over the next three years.
The chain has already expanded rapidly, increasing the number of its UK outlets by 500% in the seven years to date. Subway currently has 1,423 outlets in the UK and 99 in Ireland, so the planned expansion will increase its presence by over one-third.
Sources
26 January 2012: Huffington Post
26 January 2012: BBC News
Citation
Eurofound (2012), Subway, Business expansion in European Union, factsheet number 73015, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73015.
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