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.
Medical devices company Surmodics is to hire 100 people at its R&D plant in Galway. The company has already hired 32 individuals at the former Creagh Medical facility in Galway.
Surmodics is an American company, and has its headquarters in Minnasota. Its primary function is to make medical devices used in the treatment of heart disease. The company is to invest a further €9.5m in research and development, and will allocate €7m in to upgrading its facility in Ballinasloe.
Eurofound (2016), Surmodics, Business expansion in Ireland, factsheet number 87725, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87725.