Restructuring events
European Restructuring Monitor (ERM)
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.
On 18 May 2012, Aerolia, a manufacturer of aero structures and nose fuselage subassemblies, has announced plans to recruit 200 employees in 2012. 30% of them will be recruited for the plant of Saint-Nazaire, which is expected to reach 710 employees within the next 3 years.
Aerolia, a subsidiary of EADS, announced investments plans for the next five years, aimed at modernizing its site and increasing the high value production. The production of smaller items is to be transferred to the company's plant in Tunisia.
Eurofound (2012), Aerolia, Business expansion in France, factsheet number 73594, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73594.