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.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
160 jobs Number of planned job creations
Announcement Date
2 June 2008
Employment effect (start)
2 June 2008
Foreseen end date
31 December 2008
Description
SPB, a French group specialised in white-label insurance and assistance solutions, has announced that it is to create 160 jobs (130 in Le Havre, France) by the end of 2008. As of June 2008, there is no information on where exactly the new jobs will be created. This job creation is attributed to the decision of the company to double its international activity. The targets for 2008 are 900,000 insured abroad and a global growth rate ranging from 10% to 12% .
Sources
2 June 2008: La Tribune
26 May 2008: Les Echos
Citation
Eurofound (2008), SPB, Business expansion in World, factsheet number 66726, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66726.
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