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 Chinese company BYD has announced to recruit 100 employees for its new plant located at Beauvais (Oise). In recent months, the manufacturer has begun installing the necessary equipment. The official opening of the electric bus production site is scheduled for the last quarter of this year. At the start, BYD plans to create a hundred positions. The company has already started recruiting production workers, technicians, engineers, managers and clerical staff. The aim is to produce buses in one of the main EU market, as the law on energy transition and green growth requires from the main cities to equip themselves gradually, starting in 2020, with "clean buses", until they reach 100% of their fleet in 2025.
Eurofound (2018), BYD, Business expansion in France, factsheet number 94720, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94720.