Algo

Type
Business expansion
Country
France
Region
Auvergne-Rhône-Alpes; Rhône-Alpes; Drôme
Location of affected unit(s)
Albon
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
15.1 - Tanning, dyeing, dressing of leather and fur; manufacture of luggage, handbags, saddlery and harness
15.12 - Manufacture of luggage, handbags, saddlery and harness of any material
180 jobs
Number of planned job creations
Job creation
Announcement Date
12 January 2018
Employment effect (start)
15 January 2018
Foreseen end date
1 January 2019

Description

The luxury leather goods manufacturer Algo has announced its plans to recruit 180 employees by 2019. Algo is building a new site at Albon (Drôme) that will open in 2019. In the meantime, Algo uses a provisory site in the same area and will recruit 30 employees in the coming weeks. It will recruit 150 more employees in the coming months.

Sources

  • 12 January 2018: Le Dauphiné

Citation

Eurofound (2018), Algo, Business expansion in France, factsheet number 93068, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93068.