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.
Specialised in battery recycling, Snam is starting to manufacture batteries from recycled materials at its Viviez site (Aveyron). Its research has borne fruit, and the company now wants to start manufacturing batteries from 80% recycled components. To keep pace with this development, the Snam will have to recruit massively. Nearly 700 people are expected to be recruited in the next six years. The company is looking for highly qualified technicians and engineers.
But, explains the manager, there is no school for battery manufacturing in France, so the company must prepare itself to train its employees and develop them. But the company is located in an employment area with a low unemployment rate: 7.1% unemployment, compared to 10% at the regional level. It is therefore difficult to find all this manpower nearby. Snam works with the public employment service to bring families from Ile-de-France.
Eurofound (2019), SNAM , Business expansion in France, factsheet number 99387, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99387.