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 construction group NGE has announced the recruitment of 2,000 employees in France by the end of 2019. Recruitments are required to meet orders that have doubled in the past two years. The HR manager highlighted difficulties in recruiting and said that the company will pay 'cooptation bonuses' to workers who suggest candidates to the company. Last year the group already hired 2,000 people. It has 3 training centres in France and 1 in Morocco. The Chairman of the NGE Group's Strategic Council stated that the company experienced an average growth rate of nearly 12% per year for the past three years. For NGE, recruitment is therefore today a major issue of anticipation. NGE employs about 11,000 people in France.
Eurofound (2019), NGE, Business expansion in France, factsheet number 97521, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97521.