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.
Sothys, company specialised in cosmetics, is investing in France and creating 160 new jobs. First, the company is investing €3 million for the creation of a logistics centre in Brive-Ussac (Corrèze). Then, it is investing €6 million in its production unit of Meysac (Corrèze). Finally, it is enlarging its education centre for beauticians in Paris. After the investments, the company will employ 275 people in France, 460 worldwide.
Eurofound (2004), Sothys, Business expansion in France, factsheet number 60707, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60707.