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 (10 - 11) Manufacture of food and beverage 10 - Manufacture of food products 10 - Manufacture of food products
247 jobs Number of planned job creations
Announcement Date
25 May 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Vandemoortele is to invest € 90 million in the extension of its production capacity. The Belgian company will increase its workforce by 8% in 2005. Vandemoortele, market leader in soya-related products and frozen bread, is expecting some 8% turnover growth.
Sources
25 May 2005: Les Echos
Citation
Eurofound (2005), Vandemoortele, Business expansion in Belgium, factsheet number 61761, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61761.