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.
Services et Transports will stop all activities by October 2004. This measure is due to high competition and the high level of risk for all investment. A first social plan has been discretly set up in 2002 dismissing 75 workers. The new measure affects 40 workers.
Sources
6 June 2003: Les Echos
Citation
Eurofound (2003), Services et Transports, Closure in France, factsheet number 59718, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59718.