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.
Cyber-security company Contrast Security announced its plans to set up a development and delivery centre in Belfast. The centre is planned to focus on keeping software safe from cyber-attacks. The business expansion is expected to result in the creation of 120 new job positions, which are going to be reportedly remunerated with an average salary of more than GBP 30,000 (€33,650). There is no information yet as to when the jobs are planned to be filled.
Local development agency Invest NI supports the expansion with a grant of just over GBP 750,000 (€841,400).
Eurofound (2019), Contrast Security, Business expansion in United Kingdom, factsheet number 98681, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98681.