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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.01 - Computer Programming Activities
100 jobs Number of planned job creations
Announcement Date
5 October 2018
Employment effect (start)
1 January 2019
Foreseen end date
Description
Ledger, a startup founded in 2015 specializing in securing blockchain and cryptocurrency transactions based in Paris, in 2019 relocated the manufacturing of its specialized high-tech devices designed for securing cryptocurrencies from China to a new facility in Vierzon, Cher in France. The company had established small workshops in Vierzon, but it had to resort to producing its high-tech devices in China to meet demand. Then Ledger invested approximately €10 million in constructing the new facility anticipating the creation of about a hundred additional jobs within the following three years. The new production site was part of Ledger's strategy to maintain control over the entire production chain, ensuring high-quality standards and flexibility for clients. The company aimed consolidate its operations in the new facility.
Eurofound (2018), Ledger, Reshoring in France, factsheet number 252, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/252.
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