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 Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
100 jobs Number of planned job creations
Announcement Date
21 January 2011
Employment effect (start)
Foreseen end date
31 December 2011
Description
Rubber tyres manufacturer Continental announced an investment plan of 80 million euro in its site at Sarreguemines (Lorraine) and will recruit 100 employees on permanent contract in 2011. Continental recruited 50 employees on its site in 2010. This investment decision was taken after the employees agreed in 2007, to work 40 hours per week instead of 35 hours to increase the productivity.
Eurofound (2011), Continental, Business expansion in France, factsheet number 71485, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71485.
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