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.
Siemens, the technology company will create 200 engineering jobs in the UK as part of a one-year programme to refurbish some of the trains of South Western Railway (SWR). The GBP 50 million (€ 45 million) programme will start in December in Eastleigh. The announcement comes a few weeks after the news that Kiepe Electric UK will create 40 similar new jobs in Eastleigh to upgrade another part of South Western Railway’s fleet.
The representative of the planning and transport committee at Hampshire Chamber of Commerce said 'SWR’s announcement is another excellent show of faith in Eastleigh’s railway heritage and current centre of excellent workspace, staff and skills.'
Eurofound (2017), Siemens, Business expansion in United Kingdom, factsheet number 92635, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92635.