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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
100 jobs Number of planned job creations
Announcement Date
16 May 2005
Employment effect (start)
Foreseen end date
Description
The merger between the French Alcatel Space and the Italian Finmeccanica will create about one hundred jobs in a new operational headquarter in Cannes. The expansion of the site, thanks to the help of the Cannes city council, will allow Alcatel to reorganize its site and settle its new firm. Creation and production of satellites will be the at the core of the sites activity.
Sources
16 May 2005: Les Echos
Citation
Eurofound (2005), Alcatel Space and Finmeccanica, Merger/Acquisition in France, factsheet number 61696, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61696.
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