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.
Wholesale / Retail Retail trade Retail sale of automotive fuel 47.40 - Retail sale of information and communication equipment
200 jobs Number of planned job losses
Announcement Date
20 April 2012
Employment effect (start)
1 May 2012
Foreseen end date
31 August 2012
Description
On 19 April 2012, IT and high-tech products retailer Surcouf announced to cut 200 positionsdue to the closure of two of its six shops in France (in Bordeaux and Paris) and a logistics site. Surcouf has been placed in receivership since 29 February 2012 with a six-month observation period ('periode d'observation').
The restructuring includes a recovery plan, which was approved on 18 April by the commercial court of Lille. The turnover of the company decreased from 270 million Euro in 2009-2010 to 160 millions Euro in 2010-2011 due to supplying difficulties.
Eurofound (2012), Surcouf, Closure in France, factsheet number 73595, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73595.
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