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 46.45 - Wholesale of perfume and cosmetics
160 jobs Number of planned job creations
Announcement Date
5 October 2004
Employment effect (start)
Foreseen end date
Description
Sothys, company specialised in cosmetics, is investing in France and creating 160 new jobs. First, the company is investing €3 million for the creation of a logistics centre in Brive-Ussac (Corrèze). Then, it is investing €6 million in its production unit of Meysac (Corrèze). Finally, it is enlarging its education centre for beauticians in Paris. After the investments, the company will employ 275 people in France, 460 worldwide.
Sources
5 October 2004: Les Echos
Citation
Eurofound (2004), Sothys, Business expansion in France, factsheet number 60707, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60707.
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