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.
Irish frozen food company, Green Isle foods, has announced that it will create 115 jobs in two of its food production plants over the next five years. This restructuring is a part of a €30 million investment plan.
According to the source, 65 jobs will be created in the company’s pastry production plant in Galway and 50 jobs will be created in the company's pizza production facility in Longford.
The source reports that the expansion plan is supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland. The company is part of the 2 Sisters Food Group, which employs about 24,000 people worldwide.
Eurofound (2014), Green Isle, Business expansion in Ireland, factsheet number 77037, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77037.