Valeo

Type
Business expansion
Country
France
Region
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
300 jobs
Number of planned job creations
Job creation
Announcement Date
22 February 2012
Employment effect (start)
1 March 2012
Foreseen end date
31 December 2012

Description

On the 22nd of February, Valeo, a French car parts maker, has announced to create up to 300 jobs in France in 2012 and a total of 1,500 by 2015. This is to make face to an increase of its production. Valeo has announced to create 15,000 jobs worldwide (see here).

In 2011, Valea has recruited 1,000 employees in France including 600 managers and engineers.

Sources

Citation

Eurofound (2012), Valeo, Business expansion in France, factsheet number 73233, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73233.