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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
100 jobs Number of planned job creations
Announcement Date
10 November 2004
Employment effect (start)
1 May 2005
Foreseen end date
Description
The auto parts supplier SMW Automotive will invest 5 to 10 million euros in a new French plant based in Venette. The new unit will start the production around spring 2005. 35 new employees will be directly hired with a intended number of 100 in the future.
Sources
10 November 2004: Les Echos
Citation
Eurofound (2004), SMW Automotive, Business expansion in France, factsheet number 60854, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60854.