UK / Tata Steel Europe to shift two R&D centres to India, Netherlands

Tata Steel, Europe’s second-largest steel producer after ArcelorMittal, plans to close down two research and development facilities in the UK and shift them to the Netherlands and India, resulting in 300-400 job losses.

Citing unnamed sources, The Sunday Times yesterday said that Tata Steel Europe (earlier known as Corus) plans to close two technology centres on Teesside and in Rotherham over the next 18 months and shift this research to the Netherlands and India,  resulting in 300 to 400 job losses.

The steelmaker, which holds around 45 per cent share in the UK market, is reported to have warned the British government on its impending move.

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via domain-b.com : Tata Steel Europe to shift two R&D centres from UK to India, Netherlands.