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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.20 - Manufacture Of Railway Locomotives And Rolling Stock
125 jobs Number of planned job losses
Announcement Date
20 March 2024
Employment effect (start)
20 March 2024
Foreseen end date
Description
French group specializing in hazardous waste management and industrial decarbonization Europlasma has announced that it will cut 125 jobs at its two production sites in Trith-Saint-Léger and Leffrinckoucke.
On 20 March 2024, the Lille Commercial Court validated the takeover of French train wheel maker Valdunes by Europlasma. The takeover will result in the preservation of 184 jobs out of 309 at Valdunes' two sites in Leffrinckoucke and Trith-Saint-Léger, leading to 125 layoffs.
Supported by €15 million in equity from Europlasma, €15 million in state loans, and €5 million from local authorities, the acquisition aims to transform Valdunes’ economic model to produce "green wheels" using sustainable steel and energy. This strategic move seeks to revitalize the historic manufacturer while aligning with industrial sovereignty and environmental goals.
Eurofound (2024), Europlasma , Internal restructuring in France, factsheet number 202037, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202037.
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