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.
Wholesale / Retail 47 - Retail trade 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.71 - Retail sale of clothing
230 jobs Number of planned job creations
Announcement Date
15 December 2009
Employment effect (start)
1 September 2010
Foreseen end date
31 January 2011
Description
Swedish clothing retailer H&M Hennes & Mauritz AB (operating as H&M) has announced the creation of 230 to 250 jobs by establishing a new logistics and distribution unit in Ghlin (Wallonia). The construction of a 50.000 square meter building has already been launched and it will distribute products to other southern European countries. With a total investment of 5 million euro, the center will be fully operational in January 2011.
Sources
18 December 2009: Le Soir
18 December 2009: L'Echo
Citation
Eurofound (2009), Hennes & Mauritz (H&M), Business expansion in Belgium, factsheet number 70130, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70130.
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