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.
Bati-Rénov is a French company producing polyurethane-based blinds, shutters and doors. In 2003, the company offshored and outsourced the production to a Romanian contract manufacturer. Lately, in 2013, it established an equity joint venture in Romania (Polytech Industry) and re-insourced production, but still maintained it offshored. Lastly, in 2018 the French company reshored the production activity in its new plant ( 9,000 m²) in Varaize (France) where the company invested around 3 million euro, and introduced an automated production line. Bati-Rénov also hired 8 new employees, and it is expected they will increase until 60 in the next three years. The most relevant motivations for the manufacturing relocation were: a) reduced costs gap between the two countries; b) reduction in delivery times; c) better quality due to the automated production line; d) vicinity to final customers.
Eurofound (2018), Bati-Rénov, Reshoring in France, factsheet number 32, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/32.