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 (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
200 jobs Number of planned job creations
Announcement Date
11 March 2014
Employment effect (start)
1 April 2014
Foreseen end date
31 December 2014
Description
Cobham Satcom, producer of communications equipment, is to create up to 200 jobs in Pandrup (Northern Jutland).
The job creation results of the company’s relocation of part of its production and warehouse operations to Jammerbugt. This partly includes the relocation of some of its U.S. operations to Denmark. The company expects to occupy the new facilities by the end of 2014.
The plans are part of a move to strengthen the company’s profile in Denmark after taking over the Danish communications company Thrane & Thrane in 2012.
The Danish headquarters of Cobham are placed in Lyngby in the outskirts of Copenhagen. The company’s facilities in Pandrup have previously served the operations of Siemens and Flextronics.
Sources
9 March 2014: Business.dk
11 March 2014: Borsen.dk
Citation
Eurofound (2014), Cobham Satcom, Business expansion in Denmark, factsheet number 76720, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76720.