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.
Cab Log, an Italian integrated logistics company, is planning to open a new logistics space in Oppeano, Verona. This new hub will create 150 jobs, including warehouse, transport and office jobs.
The reason behind this business expansion is a collaboration with AB InBev, an international beer producer and one of Cab Log's longstanding clients, as the new logistics space allows the two companies to renew their collaboration agreement. According to Cab Log's management, the company is also motivated by the opportunity to expand further in the Verona area. The new logistics space in Oppeano is set to open in October of 2023.
Eurofound (2023), Cab Log, Business expansion in Italy, factsheet number 109284, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109284.