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 Manufacture Of Food And Beverage Manufacture Of Beverages 11.02 - Manufacture of wine from grape
100 jobs Number of planned job creations
Announcement Date
1 September 2007
Employment effect (start)
1 June 2008
Foreseen end date
30 June 2008
Description
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.
Sources
3 September 2007: Les Echos
Citation
Eurofound (2007), Castel, Business expansion in France, factsheet number 65765, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65765.
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