Type
Business expansion
Country
European Union
Region
Location of affected unit(s)
Germany, France, Netherlands, Italy, Spain, UK
Sector
Administrative Services
Office Administrative, Office Support And Other Business Support Activities
Business Support Service Activities N.E.C.
82.99 - Other business support service activities n.e.c.

150 jobs
Number of planned job creations
Job creation
Announcement Date
11 February 2020
Employment effect (start)
1 January 2020
Foreseen end date
31 December 2022

Description

The start-up Shippeo has announced the recruitment of 150 employees within three years to support its development. Shippeo has developed a platform for retailers and manufacturers to improve the visibility of their supply chain. The company has just finalised a new €20 million fundraising campaign and is present in 40 countries.  With these funds, it hopes to develop its international implementation, invest in R&D (AI and automation) and recruit 150 people. It currently employs 80 people.

Shippeo has already opened offices in Amsterdam, Düsseldorf and Milan, and generates 75% of its turnover abroad. The funds raised will be used to strengthen the sales offices in Spain and the United Kingdom, with the aim of becoming the European leader in its sector.


Sources

Citation

Eurofound (2020), Shippeo, Business expansion in European Union, factsheet number 99775, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99775.