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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.71 - Retail sale of clothing in specialised stores
230 jobs Number of planned job creations
Announcement Date
15 December 2009
Employment effect (start)
1 September 2010
Foreseen end date
31 January 2011
Description
Swedish clothing retailer H&M Hennes & Mauritz AB (operating as H&M) has announced the creation of 230 to 250 jobs by establishing a new logistics and distribution unit in Ghlin (Wallonia). The construction of a 50.000 square meter building has already been launched and it will distribute products to other southern European countries. With a total investment of 5 million euro, the center will be fully operational in January 2011.
Sources
18 December 2009: Le Soir
18 December 2009: L'Echo
Citation
Eurofound (2009), Hennes & Mauritz (H&M), Business expansion in Belgium, factsheet number 70130, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70130.
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