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.
Battri, a French start-up for automobile battery recycling, is opening its first plant in Saint-Laurent-Blangy (Grand Arras), creating 100 new jobs. This plant, installed on a 15,000 square metres site, aims to keep the strategic metals contained in batteries, such as lithium, nickel and cobalt, in Europe. Battri raised to 20 million euros for its installation, and it's promised to be one of many initiatives of sustainable development in the traditional Hauts-de-France Battery Valley.
This new plant is inserted of the efforts from France to develop its industry in more strategic sectors, diminishing its dependency on foreign producers. Recently, car batteries were mainly manufactured by Japanese and Korean companies.
Eurofound (2025), Battri, Business expansion in France, factsheet number 202995, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202995.