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 Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.30 - Manufacture of air and spacecraft and related machinery
150 jobs Number of planned job creations
Announcement Date
17 October 2016
Employment effect (start)
Foreseen end date
31 December 2018
Description
French owned company Thales has announced that it is to create 150 new jobs in Belfast, Northern Ireland. The company will manufacture new and more energy efficient electric engines for spacecraft. A new site has been opened by the astronaut Tim Peake and the company is looking to add these new jobs over a period of two years. When these new positions are added the company will employ around 350 staff. Invest NI are understood to have helped fund the development of the new site.
Sources
17 October 2016: The Telegraph
18 October 2016: BBC Website
Citation
Eurofound (2016), Thales, Business expansion in United Kingdom, factsheet number 88905, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88905.
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