Type
Business expansion
Country
Belgium
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10 - Manufacture of food products

247 jobs
Number of planned job creations
Job creation
Announcement Date
25 May 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

Vandemoortele is to invest € 90 million in the extension of its production capacity. The Belgian company will increase its workforce by 8% in 2005. Vandemoortele, market leader in soya-related products and frozen bread, is expecting some 8% turnover growth.


Sources

  • 25 May 2005: Les Echos

Citation

Eurofound (2005), Vandemoortele, Business expansion in Belgium, factsheet number 61761, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61761.