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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
210 jobs Number of planned job creations
Announcement Date
22 February 2011
Employment effect (start)
1 January 2010
Foreseen end date
31 December 2010
Description
On 22 February 2011, the gearbox manufacturer Usine Mécanique de Valenciennes (UMV) announced that it recruited 210 employees over the course of 2010. This subsidiary of the car manufacturer PSA Peugeot-Citroën increased production by 25% in 2010.
Eurofound (2011), Usine Mecanique de Valenciennes, Business expansion in France, factsheet number 71783, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71783.