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.
Car manufacturer Lotus has announced plans to create 200 new jobs as the brand continues to experience a revival in fortunes. The new jobs will mainly be based at the company's site in Hethel, Norfolk though some of the jobs will be added at the new satellite facility in Warwickshire. Lotus was the subject of a takeover in 2017 and the new owners have reaffirmed their commitment to continuing production at the company's Hethel location by developing plans for a customer experience centre including a museum and restaurant on the site. There is no information yet as to when the new jobs are expected to be filled.
Eurofound (2019), Lotus, Business expansion in United Kingdom, factsheet number 97809, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97809.