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.
Pays de la Loire; Pays de la Loire; Maine-et-Loire
Location of affected unit(s)
Cholet
Sector
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22.1 - Manufacture of rubber products 22.11 - Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes
100 jobs Number of planned job creations
Announcement Date
11 June 2010
Employment effect (start)
1 January 2011
Foreseen end date
31 December 2011
Description
On 11 June, the tyre manufacturers Michelin announced the creation of 100 jobs at its plant in Cholet (Maine-et-Loire) in 2011. The management intends to launch a new production line to increase the production site, specialized in equipment of small utilities and 4x4s.The new production line will create a hundred additional jobs which will mostly be filled by the redeployment of Michelin staff from other units. The production will reach 6 million tyres per year (+30%) for an investment of approximately 30 million euro.
Eurofound (2010), Michelin, Business expansion in France, factsheet number 70781, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70781.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...