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 (13 - 15) Manufacture of textiles, apparel and leather 13 - Manufacture of textiles 13 - Manufacture of textiles
300 jobs Number of planned job creations
Announcement Date
27 June 2008
Employment effect (start)
1 July 2010
Foreseen end date
1 July 2011
Description
The Swedish textile group H&M announced the creation of 300 new jobs over the next five years with the development of a new warehouse and delivery center in the south of Belgium in the region of Hainaut. This business expansion will involve an investment of more than EUR 75 million. The situation of the region, in the center of Europe, favoured the decision of the management.
Eurofound (2008), H&M, Business expansion in Belgium, factsheet number 66797, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66797.