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.
The logistics group Log'S (formerly known as Logistique Grimonprez) has announced plans to build a new site of 54,000 square metres near Lesquin, in the suburb of Lille (Nord), and to recruit about 100 employees on permanent employment contracts. The recruitment will commence in April 2017. The group already has one site in the area in the form of a joint venture together with the company Orchestra that employs 140 people. In order to support this project, the local authorities have decided to finance an intersection and a roundabout, for a total amount of €5.5 million. According to the President of the Region, "when it comes to creating jobs, there is no reason not to say yes" to such investments. The new site will open by 15 June 2017.
Eurofound (2016), Log'S, Business expansion in France, factsheet number 88846, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88846.