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.
Retail Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles Wholesale Trade Of Motor Vehicle Parts And Accessories 45.31 - Wholesale trade of motor vehicle parts and accessories
400 jobs Number of planned job creations
Announcement Date
13 April 2016
Employment effect (start)
Foreseen end date
Description
Ferdinand Bilstein, a specialist car parts distributor, has announced plans to create 400 new jobs at Markham Vale Business Park in Chesterfield. The announcement follows a deal between the German company and Derbyshire County Council. 150 of the jobs will be created in the first wave, with the company adding the remaining 250 over the following years. It is not being reported when the new jobs will begin, but the site will be operating by the end of 2016. The company cited the proximity of the Business Park to both its UK customers and the motorway network as key reasons for the decision to set up in the East Midlands.
Sources
13 April 2016: ITV
14 April 2016: Insider Media
Citation
Eurofound (2016), Ferdinand Bilstein, Business expansion in United Kingdom, factsheet number 87335, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87335.
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