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 Food And Beverage Manufacture Of Food Products 10.73 - Manufacture of macaroni, noodles, couscous and similar farinaceous products
150 jobs Number of planned job creations
Announcement Date
8 December 2020
Employment effect (start)
1 January 2021
Foreseen end date
31 December 2023
Description
The Saint-Jean group has announced an extension of one of its production sites at Romans-sur-Isère (Drôme) which will enable the creation of 150 jobs from 2021 to 2025.
The group is specialised in the production and marketing of ravioli, quenelles, fresh pasta and other ready-to-use ready-made meals for large and medium-sized retailers and regional hospitals. The group plans to invest €48 million on its site to modernise and expand its production tool with environmentally-friendly technologies. Through this investment, the group aims to achieve a turnover of €150 million by 2030 (of which 10% from exports) and an increase in its market share from 6.7 to 10%.
Saint Jean has 435 employees spread over five sites, all located in Auvergne-Rhône-Alpes. The group announced a turnover of €81.5 million for its last financial year.
Eurofound (2020), Saint-Jean, Business expansion in France, factsheet number 102925, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102925.
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