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.
Manufacturing (16 - 17) Manufacture of wood and paper materials 17.1 - Manufacture of pulp, paper and paperboard 17.12 - Manufacture of paper and paperboard
120 jobs Number of planned job creations
Announcement Date
20 July 2011
Employment effect (start)
1 July 2011
Foreseen end date
Description
Since April 2011, a new company Souche Papers has assumed the activities of the former "Papeterie de la Souche" which was liquidated as a result of a decision from the Commercial Court of Epinal in December 2010. As a result of the closure 168 workers lost their jobs. However 120 former employees rebuilt the operations and created a new company to take over the plant. These 120 employees are the main shareholders of the company.
Sources
20 July 2011: Est Républicain
Citation
Eurofound (2011), Souche Paper, Business expansion in France, factsheet number 72248, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72248.
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...