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.
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41.2 - Construction of residential and non-residential buildings
360 jobs Number of planned job creations
Announcement Date
6 March 2018
Employment effect (start)
Foreseen end date
Description
Avant Homes has announced plans to create up to 360 new jobs. The home builder, which has its regional base in Sunderland, will be building 750 new homes at six development sites across the North East. The company has been expanding rapidly in recent times and secured extra financing in August 2017 to increase its land buying activities, leading to recent profit growth. The announcement does not specify when the new jobs will be filled, though the sites for development have been named.
Sources
6 March 2018: Chronicle Live
Citation
Eurofound (2018), Avant Homes, Business expansion in United Kingdom, factsheet number 93750, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93750.
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