Type
Business expansion
Country
Belgium
Region
RĂ©gion Wallonne; Prov. Hainaut; Arr. Mons
Location of affected unit(s)
Ghlin
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13 - Manufacture of textiles

300 jobs
Number of planned job creations
Job creation
Announcement Date
27 June 2008
Employment effect (start)
1 July 2010
Foreseen end date
1 July 2011

Description

The Swedish textile group H&M announced the creation of 300 new jobs over the next five years with the development of a new warehouse and delivery center in the south of Belgium in the region of Hainaut. This business expansion will involve an investment of more than EUR 75 million. The situation of the region, in the center of Europe, favoured the decision of the management.


Sources

  • 27 June 2008: La Libre Belgique (www.lalibre.be)
  • 27 June 2008: L'Echo

Citation

Eurofound (2008), H&M, Business expansion in Belgium, factsheet number 66797, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66797.