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.
As announced on 21 December 2022, the French provider of logistics services Geodis has opened a multi-user logistics facility in Aurach which has created 100 new jobs. The new logistics centre optimizes the company’s market access and supports its Europe-wide expansion as a global transport and logistics provider. 75 of the new employees will work directly at the warehouse while the remaining 25 employees will work in administration and management surrounding the warehouse’s activities.
Geodis has 46,000 employees worldwide. A previous restructuring event has been recorded for Geodis, with a business expansion of 1000 employees in France, in 2011 (Geodis-2011-FR).
Eurofound (2022), Geodis, Business expansion in Germany, factsheet number 108158, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108158.