Type
Business expansion
Country
France
Region
Bassin Parisien; Basse-Normandie; Manche
Location of affected unit(s)
Saint Lô (Manche)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

170 jobs
Number of planned job creations
Job creation
Announcement Date
30 October 2006
Employment effect (start)
1 November 2006
Foreseen end date
31 December 2007

Description

Alios, a manufacturer of magnetic cards and contact chip cards, announced on 30 October 2006 that it will invest 6 million euro and will create 170 jobs between November 2006 and December 2007.

Alios Manche has just got several new large contracts, including European hotel group Louvre Hôtels and American Capital Starwood, among others, and must increase its supply of products.

The company employs 80 people in Saint Lô, in the North of France, and it was created in 2004 by CEV Group.


Sources

  • 31 October 2006: La Tribune
  • 31 October 2006: Les Echos

Citation

Eurofound (2006), Alios Manche, Business expansion in France, factsheet number 64348, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64348.