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 Even cooperative food industry group has announced the recruitment of 200 employees on permanent contracts for its distribution division. New hirings will compensate for departures and enable the group to cope with an increase in activity: 100 net new jobs will be created. The distribution division employs 2,710 people, two-thirds of whom work in the Brittany region.
Recruitment will take place throughout France, particularly in Brittany, the Vendée department and the Occitanie region. Even distribution has been hit hard by the COVID-19 crisis. Between 2019 and 2021, Even’s turnover fell from €645 million to €535 million. The business has suffered, over 2020-2021, 'the "stop and go" of the restaurant industry, with some months up to 80% loss of turnover, and 75% of our workforce on short time working', according to the directors.
Founded in 1930, Even employs 6,180 people across France.
A former recruitment announcement was recorded in the ERM Database in 2013, with 100 jobs created (Even-2013-FR).
Eurofound (2022), Groupe Even, Business expansion in France, factsheet number 106819, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106819.