Type
Business expansion
Country
France
Region
Ouest; Pays de la Loire; Loire-Atlantique
Location of affected unit(s)
Nantes
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Architectural And Engineering Activities; Technical Testing And Analysis
71.12 - Engineering activities and related technical consultancy

140 jobs
Number of planned job creations
Job creation
Announcement Date
3 October 2019
Employment effect (start)
6 October 2019
Foreseen end date
31 December 2021

Description

The engineering company SafeRail, specialising in control command and control and railway signalling, has announced a €10 million fundraising campaign that will enable it to recruit 40 engineers and technicians in 2019 and 50 next year. SafeRail plans to increase its workforce from 110 to 250 employees and its turnover from €10 to €50 million in 2021. In total, 140 positions will be created by 2023. Among the obstacles to be overcome is the difficulty in recruiting: management is counting on the company's 'beautiful brand image' and the appeal of its approved railway signalling training centre, founded in 2013.


Sources

Citation

Eurofound (2019), Saferail, Business expansion in France, factsheet number 98777, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98777.