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.
Car manufacturer Renault is to recruit 300 temporary workers on a 6 to 18 months employment contract for the production of its new commercial vehicle Trafic. The group has invested € 230 million in its plant in Sandouville to move its production from high-end vehicles (that will stop by mid-2015) to commercial ones.
Renault has relocated the production of Trafic from the Opel plant in Lutton (UK) and Nissan in Barcelona (Spain) to Sandouville, with the aim to save this plant that produced only 25,000 cars in 2013 (but 105,000 six years ago).
As reported in addition to the announced job creation plan, the company will call back 400 employees that were employed to other plants within the Renault group.
Renault announced in January 2013 plans to cut about 7,500 jobs within the group in France.
Eurofound (2014), Renault, Reshoring in France, factsheet number 77040, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77040.