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.
The Belgian group Vandemoortele, which is specialised in the manufacture of bread, pastries and industrial pastries, has announced the recruitment of 50 employees by April 2023, the date of the opening of its third site in Torcé (Ille-et-Vilaine), a new factory costing €25 million. The plant will house a brand new production line dedicated entirely to Viennese pastries in order to meet the growing demand from professionals in all sectors for high-quality Viennese pastries. The laying of the foundation stone is scheduled for September 2022, with commissioning scheduled for the end of April 2023. This future site will increase production capacity by 25,000 tonnes per year. The company, which already employs nearly 450 people in the two existing sites at Torcé, will create 50 new jobs by April 2023, more than 10% of the current workforce.
Eurofound (2022), Vandemoortele Bakery Products, Business expansion in France, factsheet number 107123, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107123.