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.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
1,000 jobs Number of planned job creations
Announcement Date
13 April 2012
Employment effect (start)
Foreseen end date
Description
Offshore Group Newcastle (OGN) which builds foundations for wind farms, announced plans to create up to 1,000 new jobs in the UK. The company received a £640,000 government grant in order to build a sub-sea foundation for offshore wind farms in Wallsend. Construction will begin later in 2012.
Offshore Group Newcastle (OGN) was founded in 2010 and currently employs 1,200 people.
Sources
13 April 2012: BBC News
Citation
Eurofound (2012), Offshore Group Newcastle (OGN), Business expansion in United Kingdom, factsheet number 73567, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73567.
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