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 leather goods manufacturer Maroquinerie Rioland has announced the creation of a new production site in Châteauroux (Indre) which should employ up to 100 employees. The familly owned company, which already has four workshops in the department of Indre, will settle the new workshop in a previously abandoned commercial site that was acquired by the agglomeration of Châteauroux. The workshop, which will manufacture handbags, will be installed in early 2019 and will begin to operate with 20 employees. The site should then occupy up to 100 employees.
As of 2018, Rioland employs 200 people and supplies most of the leading luxury brands in belts, bags, luggage, jewelery and small leather goods (card cases, wallets). It must increase its production capacity to satisfy its customers.
Eurofound (2018), Maroquinerie Rioland, Business expansion in France, factsheet number 94710, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94710.