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.
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
170 jobs Number of planned job creations
Announcement Date
30 October 2006
Employment effect (start)
1 November 2006
Foreseen end date
31 December 2007
Description
Alios, a manufacturer of magnetic cards and contact chip cards, announced on 30 October 2006 that it will invest 6 million euro and will create 170 jobs between November 2006 and December 2007.
Alios Manche has just got several new large contracts, including European hotel group Louvre Hôtels and American Capital Starwood, among others, and must increase its supply of products.
The company employs 80 people in Saint Lô, in the North of France, and it was created in 2004 by CEV Group.
Sources
31 October 2006: La Tribune
31 October 2006: Les Echos
Citation
Eurofound (2006), Alios Manche, Business expansion in France, factsheet number 64348, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64348.