Restructuring events
European Restructuring Monitor (ERM)
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.
Cinquième Saison, a firm that manufactures salad in tightened sachets, is to open a new plant in Châlons-en-Champagne in the south of Paris and will create 200 new jobs in the process. The announcement was made on 30th July 2007 by Bakkavör, an Icelandic group that is the parent company of Cinquième Saison. Bakkavör attributed the opening of the new site to the strong increase in sales turnover that Cinquième Saison has experienced. The new jobs will be created throughout the year of 2008, and it is likely that the firm will receive public subsidies for the construction of the new site.
Eurofound (2007), Cinquième Saison, Business expansion in France, factsheet number 65655, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65655.