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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Household Goods 46.4 - Wholesale Of Household Goods
40 jobs Number of planned job creations
Announcement Date
14 December 2021
Employment effect (start)
14 December 2021
Foreseen end date
31 December 2022
Description
In 2020, French Boat Market (FBM) acquired the luxury French outboard brand White Shark. In 2021, FBM announced the relocation of White Shark manufacturing operations from Italy to France, specifically to the island of Noirmoutier in Vendée. Repurposing former Bénéteau premises, FBM brought the site up to current standards and adapted it for White Shark production. This strategic move aims to mass-produce luxury boats, streamline manufacturing processes, and meet rigorous quality standards through comprehensive testing.
The development plans target around 130 units per year. In 2022, approximately thirty employees, specializing in lamination, composites, and assembly, were engaged in the production process, with ongoing recruitment in logistics, finishing, and gelcoat lamination. The workforce may eventually expand to 70 employees.
Eurofound (2021), White Shark, Reshoring in France, factsheet number 288, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/288.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
