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.
French solar power firm Solairedirect, which specializes in photovoltaics, has announced the creation of a factory in the Poitou-Charentes region and the addition of 80 new jobs in the short term and another 140 in the long term. The new plant will be completed in 2011 and will specialize in the production of crystalline photovoltaic panels. No financial details about the investment have been disclosed.
Solairedirect has chosen to build its plant in Poitou-Charentes because the regional authorities have an ambitious plan for developing the local solar power sector. In particular, the region plans to have an installed capacity of 270 Megawatt by 2015. The Ministry for Industry has given the planning permission to the project.
Eurofound (2009), Solairedirect, Business expansion in France, factsheet number 69594, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69594.