Type
Business expansion
Country
France
Region
Location of affected unit(s)
Saint-Orens-de-Gameville, Rethel
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.89 - Manufacture of other food products n.e.c.

170 jobs
Number of planned job creations
Job creation
Announcement Date
22 April 2022
Employment effect (start)
22 April 2022
Foreseen end date
31 December 2024

Description

Agronutris, a French biotechnology company specialised in the breeding and processing of insects for food, raised an investment of over €100 million. In the short period, the company has announced to hire 60 employees for its recently built industrial site at Rethel (Ardennes). The management has plans to multiply its workforce by seven by 2024, therefore it is to recruit other 110 employees by the end of 2024.

Founded in France in 2011, Agronutris currently employs 30 people at Rethel.


Sources

Citation

Eurofound (2022), Agronutris, Business expansion in France, factsheet number 106670, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106670.