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.
Castel, a firm that operates in the wine industry, is to create 100 new jobs in La Chapelle-Heulin. The firm is to construct a new centre for the production and distribution of wine that will be completed by June 2008. The investment is estimated by the firm to total between 20 and 30 million EUR, and it is thought that the centre will produce approximately 200 million bottles of wine a year. Castel currently employs 100 at its La Chapelle-Heulin site, and these workers will also work at the new location. A spokesman for Castel stated that the investment was one of the largest in the industry's history and that it was the largest of its kind in France for twenty years.
Eurofound (2007), Castel, Business expansion in France, factsheet number 65765, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65765.