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.
Oyonnax (Ain), Annonay (Ardèche), Vallée de la Meuse (Ardennes), Aube, Romorantin (Loir et Cher) and Fumel (Lot et Garonne).
Sector
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.5 - Casting of metals
2,000 jobs Number of planned job creations
Announcement Date
7 February 2007
Employment effect (start)
1 June 2007
Foreseen end date
31 December 2008
Description
The French Ministry of Industry announced on 7 February 2007 that the new Arcelor-Mittal group, the steel giant, will create 2,000 jobs between June 2007 and December 2008 in France. Back in 2006, Arcelor already discussed its support to job creation initiatives in six factories of the group in towns where industrial employment was declining before the Arcelor-Mittal merger. The six towns where the jobs are going the created are Oyonnax (Ain), Annonay (Ardèche), Vallée de la Meuse (Ardennes), Aube, Romorantin (Loir et Cher) and Fumel (Lot et Garonne).
Sources
10 February 2007: Le Progrès
8 February 2007: La Tribune
7 February 2007: Les Echos
Citation
Eurofound (2007), Arcelor, Merger/Acquisition in France, factsheet number 64924, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64924.
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