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.
Lectra, the world leader in the cutting of flexible materials (clothing, airbags, armchairs, etc.) has announced to recruit 120 engineers for its headquarter in Cestas, where 650 employees already work. In 2016, its sales (€ 260.2 million) increased by 10% and its operating profit increased by 18%. "We are reaping the fruits of our efforts in the last four years", stresses the management. Lectra have recruited 650 people since 2012 and invested 9.4% of its turnover each year in research and development.
Eurofound (2017), Lectra, Business expansion in France, factsheet number 90236, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90236.