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.
Ossabois, a firm that constructs wooden houses, has announced that it is to create 127 new jobs in Vecoux with the opening of a new site. The jobs will be created between January 2008 and January 2011. The new plant will be based at the former site of SEB, a French company that manufactures household appliances. SEB closed down the site in January 2004 due to a decline in sales. Approximately 50 of the jobs at the Ossabois site will be reserved for employees of SEB who worked at the unit prior to the closure.
Sources
1 December 2007: Le Figaro
3 December 2007: Les Echos
Citation
Eurofound (2007), Ossabois, Business expansion in France, factsheet number 66069, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66069.