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 Food And Beverage Manufacture Of Food Products 10.51 - Operation of dairies and cheese making
100 jobs Number of planned job creations
Announcement Date
28 August 2006
Employment effect (start)
Foreseen end date
1 January 2008
Description
The dairy Group EURIAL has decided to create a creamery factory to manufacture mozzarella cheese in the west of France, in Herbignac, near Nantes. The factory will create 100 jobs and will use the milk provided by one thousand suppliers (30,000 tons). The Eurial group will make an investment of EUR 56 million with almost 40% of it coming from subsidies: State aid (EUR 3 million), EU (EUR 8 million) and local autorities (EUR 9 million). The factory EURIAL Herbignac should start its activity in January 2008.
Sources
28 August 2006: La Tribune
Citation
Eurofound (2006), Eurial Herbignac, Business expansion in France, factsheet number 63976, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63976.
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