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.
In April, the American tractor manufacturer AGCO Massey Ferguson announced plans to recruit 100 employees at its site in Beauvais (Oise) by the end of 2013. The site currently employs 2,200 employees and 400 temporary workers.
The company will recruit on permanent employment contracts 40 of its temporary workers and over 40 design engineer specialists. The plant produced 17,400 tractors in 2012 and is internationally oriented (85% of its production refers to exports in 140 countries). In Beauvais, AGCO has doubled its workforce in the recent ten years and today is the largest private employer in the Picardie region.
Eurofound (2013), AGCO France, Business expansion in France, factsheet number 75360, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75360.