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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
220 jobs Number of planned job creations
Announcement Date
10 January 2008
Employment effect (start)
1 January 2007
Foreseen end date
31 December 2007
Description
Fabrique Nationale (FN), member of the Herstal group which is a manufacturer of a full range of weapons and ammunition, has announced the creation of 220 new jobs at its site in Herstal (Belgium). The new posts have been offered to young people. The reason for this business expansion is attributed to increased profits and growing demand for new weapons. Fabrique Nationale (FN) currently employs 900 at its site in Belgium and has also premises in the United States.
Sources
10 January 2008: Le Soir
Citation
Eurofound (2008), FN Herstal, Business expansion in Belgium, factsheet number 66195, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66195.
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