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 animation studio Ellipse Animation, a subsidiary of the French publishing group Média Participations, has announced the recruitment of 110 employees to strengthen the production capacity of its studio in Angoulême (Charente). Ellipse will move into new 660 square metre premises at Pôle Image Magelisin mid-February with the aim of increasing the number of staff on the site from the current 50 to 160. The aim is to manufacture more and more products and to consider more projects. The case of Ellipse is far from isolated within the Pôle Image Magelis, the creative industries village. The thirty or so studios present on this site employ 1,200 people on the site. In view of the numerous productions created or repatriated to Charente, these animators will be 800 more within two years. Média Participations will have a turnover of €700 million in 2021 and employs over 1,500 people.
Eurofound (2023), Ellipse Studio, Business expansion in France, factsheet number 108389, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108389.