Type
Business expansion
Country
France
Region
Location of affected unit(s)
Loupiac-de-la-Réole
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20.15 - Manufacture of fertilisers and nitrogen compounds

250 jobs
Number of planned job creations
Job creation
Announcement Date
5 June 2022
Employment effect (start)
5 June 2022
Foreseen end date
31 December 2026

Description

The start-up Toopi Organics has announced the recruitment of 250 employees in the coming years to support its development. The company is specialised in trasforming human urine in an agricultural fertiliser. It has just opened its first industrial unit in France at Loupiac de la Réole (Gironde). The company is planning to raise further funds as it aims at opening five new production units by 2024, which will become twenty by 2027. The company's founder envisages strong development in the years to come, with a forecast turnover of €80 million in France over the next five years. Marketing has begun also in other countries.

Toopi Organics currently has 22 employees.


Sources

Citation

Eurofound (2022), Toopi Organics, Business expansion in France, factsheet number 106974, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106974.