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.
The ship building group Naval Group has announced the recruitment of 400 people on permanent employment contract and for its site of Cherbourg (Manche). At its Cherbourg site, Naval Group designs, builds and maintains in service submarines and ships for France and for international customers. Recruitment is designed to meet the growing need to develop the skills required to carry out submarine programmes. The positions offered are open-ended contracts and work-study programs lasting at least 12 months.
Naval Group employs 13,429 people on 10 sites in France. Jobs creation announcements took place in March 2019 (100 job creations) , in January 2019 (200 job creations in Brest), in March 2018 (200 job creations), in October 2017 (100 job creations), in February 2017 (100 job creations), in 2012 (700 job creations) and in 2011 (100 job creations) . A restructuring took place in 2011 (150 job losses).
Eurofound (2020), Naval Group, Business expansion in France, factsheet number 100105, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100105.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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