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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Other Machinery, Equipment And Supplies 46.62 - Wholesale of machine tools
300 jobs Number of planned job creations
Announcement Date
29 June 2006
Employment effect (start)
1 January 2007
Foreseen end date
31 December 2007
Description
The Würth group, a German distributor of professional products of tools, announced on 29 June 2006 its plans to open its twelfth site in France, a 15,000 square metre unit in Montélimar (Drôme). The company is expecting to create 125 new jobs in 2007.
In February 2007 the company announced that instead of the 125 jobs initially planned 300 jobs will be created before the end of 2007.
The Würth Group has 52,000 employees in more than 80 countries and a sales turnover of 7 billion Euros in 2005.
Sources
29 June 2006: Agence France Presse
23 February 2007: Les Echos
Citation
Eurofound (2006), Würth Drôme, Business expansion in France, factsheet number 63697, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63697.
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