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.
Financial / Insurance/ Estate 66 - Activities auxiliary to financial services and insurance activities 66.2 - Activities auxiliary to insurance and pension funding 66.22 - Activities of insurance agents and brokers
250 jobs Number of planned job creations
Announcement Date
25 June 2024
Employment effect (start)
25 June 2024
Foreseen end date
31 December 2024
Description
The Adelaide brokerage group, specialising in insurance advice, intermediation, distribution and services for 85 years, and which includes different subsidiaries (Verlingue, Generation and Coverlife), plans to recruit 250 people in 2024.
Adelaïde, which employs 2,500 people and will achieve sales of €400m by 2023, hopes to have 6 million people insured by 2028 (compared with 3.5 million today) and €6bn in negotiated premiums, double the amount recorded last year. The company plans to achieve this expansion by growing in France and abroad, investing in training, technological innovation and improve with an in-depth study of financial and extra-financial performance.
A former announcement was recorded in the ERM Database with 377 job creations in 2022 Adelaïde 2022 - FR.
Eurofound (2024), Adelaïde, Business expansion in France, factsheet number 201336, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201336.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...