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.
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15.12 - Manufacture of luggage, handbags and the like, saddlery and harness
100 jobs Number of planned job creations
Announcement Date
2 December 2019
Employment effect (start)
1 January 2020
Foreseen end date
31 December 2020
Description
Specialised in high-end leather goods, Arco, the subcontractor of a major luxury brand, is experiencing strong growth due to the success of the luxury sector. Arco announced the recruitment of 100 people in 2020, following the recruiting of 100 people in 2019. Arco has invested €10 million in a new site to support the growth of its business. The number of employees has increased from 350 to 700 in three years, including 180 temporary workers. In need of skilled labour in a highly specialised market, the company trains its own employees and will have 20 people in training on site at all times in 2020.
Eurofound (2019), Ateliers Réunis du Centre-Ouest (Arco), Business expansion in France, factsheet number 99291, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99291.
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