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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.24 - Cargo Handling
100 jobs Number of planned job creations
Announcement Date
3 October 2024
Employment effect (start)
10 October 2024
Foreseen end date
Description
FM Logistic Iberica, a logistics company belonging to the French FM Logistic group, has inaugurated two new modules (B5 and B6) at its warehouse in Illescas, Castilla-La Mancha, Spain. The expansion adds 19,199.90 m² to the currently existing logistics platform in the region and will create around 100 new jobs.
After successfully consolidating its national and international warehousing and distribution logistics network, the company has decided to focus its efforts on optimising other critical aspects of the supply chain, especially those related to the so-called “forwarding” services. This strategy aims to offer its customers operational improvements and cost reductions, particularly in distribution logistics.
Eurofound (2024), FM Logistic Iberia, Business expansion in Spain, factsheet number 201686, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201686.
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