Saverglass

Type
Business expansion
Country
France
Region
Hauts-de-France; Nord-Pas de Calais;  Pas-de-Calais
Location of affected unit(s)
Arques
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
250 jobs
Number of planned job creations
Job creation
Announcement Date
24 July 2007
Employment effect (start)
1 January 2008
Foreseen end date
30 June 2008

Description

Saverglass, a French firm that manufactures glass for beverage and perfume bottles, announced on 24th July 2007 that the company intends to create 250 jobs between January and June 2008 at a new site in Arques. The firm, which registers an annual growth of 10 per cent and has a turnover of 220 million EUR, is running out of capacity at its two existing sites and needs to expand production. The project will require an investment of 60 millions EUR, and will become operational from June 1st 2008.

Sources

  • 26 July 2007: Les Echos

Citation

Eurofound (2007), Saverglass, Business expansion in France, factsheet number 65651, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65651.