Restructuring events
European Restructuring Monitor (ERM)
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.
The 'family' company Prolifer Recycling, employing 88 people in Niort (Pays de la Loire) has decided on 13 July 2006 to create a new factory for paperboard recycling in the west of France (Fontenay le Comte in Vendée). This expansion is due to a remarkable increase in the activity and the aim of the company to be established in a new site (Fontenay le Comte) where a new line of rail between Niort and Fontenay is to be built.
In November 2006 announced the creation of 166 jobs, down from the 200 previously announced in July. Job are still to be created between August 2007 and November 2009 in Fontenay le Comte.
This new factory will open before September 2007 and is the sixth unit of collection and recycling of nondomestic waste. For this sixth unit, the investment is to reach 23 million euro. The company has 88 employees and sales turnovers of 12 million euro in 2006.
Eurofound (2006), Prolifer Recycling, Business expansion in France, factsheet number 64486, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64486.