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.
Airbus Atlantic, the new subsidiary of the Airbus group, has announced the recruitment of 700 to 800 employees in France in 2022. The recruitment will take place at sites in Nantes and Montoir-de-Bretagne, as well as in Saint-Nazaire. The company develops and manufactures complex and metallic aerostructure components for civil and military aircraft programs.
The subsidiary will strengthen the aerostructure assembly value chain within the entire Airbus industrial system; it brings together Airbus and Stelia Aerospace, with seven sites and 13,000 employees, in 5 countries and 3 continents, including 9,000 employees in France. The estimated volume of activity is around €3.5 billion. Airbus Atlantic becomes 'the world's number two in aerostructures, the world's number one in pilot seats and is in the top three for business and first-class passenger seats'. The new structure plans to invest €1 billion over the next four years to modernise all its sites through digitalisation and robotisation.
Eurofound (2022), Airbus Atlantic, Business expansion in France, factsheet number 106160, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106160.