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.
Forsee Power, a French manufacturer of batteries for buses and industrial vehicles, has announced the recruitment of 300 employees by 2021. Forsee Power raised €15 million from the public investment bank Bpifrance to increase its production capacity. Forsee Power buys batteries on the market from Asian manufacturers and focuses its know-how on developing the electrical environment (connection technology, voltage control) that allows batteries to be more efficient in the transport of 'heavy' vehicles.
Eurofound (2019), Forsee Power, Business expansion in France, factsheet number 97343, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97343.