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.
Saint-Jean Industries-Lyon, a manufacturer of aluminium parts for motor vehicles, is to close its plant in Vénissieux with the loss of 108 jobs. The company was put into receivership in mid-Jan 2009. The closure is due to the crisis hitting hard the car industry and the decision of Renault Trucks to stop being supplied by Saint-Jean Industries-Lyon and order parts from India instead.
Eurofound (2009), Saint-Jean Industries-Lyon, Bankruptcy in France, factsheet number 69099, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69099.