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.
PSA Peugeot Citroën factory in Rennes, specialised in the assembling of vehicles, had already created 1,070 jobs in 2004 and will now create 250 other new jobs, as announced in May 2005. The factory employs 10,500 employees and wants to produce 400,000 vehicles per year instead of 291,000 in 2004. The planned job creation consists mainly in the transformation of fixed-term contracts and temporary posts into permanent contracts.
Eurofound (2005), PSA Peugeot Citroën, Business expansion in France, factsheet number 61571, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61571.