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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.2 - Support activities for transportation
119 jobs Number of planned job losses
Announcement Date
31 August 2009
Employment effect (start)
1 September 2009
Foreseen end date
30 September 2009
Description
French transportation company Giraud Champagne-Ardenne, a unit of Giraud international group, will cut 119 jobs before the end of September 2009 as part of its liquidation.
The unit has been struggling with financial losses (EUR 451,000) since the beginning of the year (2009).
Giraud Champagne-Ardenne is based in Chaumont, northeastern France.
Sources
1 September 2009: Les Echos
Citation
Eurofound (2009), Giraud Champagne-Ardenne, Bankruptcy in France, factsheet number 69472, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69472.
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