FM Logistic

Type
Business expansion
Country
European Union
Region
Location of affected unit(s)
France, Hungary, Italy, Portugal, Spain
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52.1 - Warehousing and storage
52.1 - Warehousing and storage
1,200 jobs
Number of planned job creations
Job creation
Announcement Date
23 October 2006
Employment effect (start)
1 January 2007
Foreseen end date
31 December 2007

Description

The French group FM Logistic (Faure and Machet), with 11,000 employees and 50 sites in the world, has announced its plans to open new storage sites for logistics in France, Hungary, Italy, Portugal, Spain. The investment project is to create 1,200 new jobs and reflects the expansion needs of the group in Europe.

Sources

  • 24 October 2006: AFP

Citation

Eurofound (2006), FM Logistic, Business expansion in European Union, factsheet number 64291, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64291.