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.
Renault Trucks, a subsidiary of the Swedish group Volvo, has announced 273 job creations in its four sites in France in 2017. About 117 employees will be recruited in Lyon (Rhône) for the assembly of engines, of bridges and axles as well as stamping and logistics activities, 100 in Blainville-sur-Orne (Calvados), a site specialised in the production of medium-sized vehicles and truck cabs, 50 are planned in Bourg-en-Bresse (Ain), where heavy trucks are assembled and 6 in Limoges (Haute-Vienne), a site specialising in parts repackaging. The management highlights that the company has increased its sales of about 6% in 2016 and is expecting a sustainable demand that allows recruitment on permanent employment contract.
The company expects to recruit most of the new employees before the summer and 20% of the recruitment on production line will target women. The ERM reported previously on a large restructuring measure at Renault in France, announced in early 2013 and in November and March 2014 that led to 508 job cuts. The last recorded restructuring was announced in 2015 to cut about 591 positions.
Eurofound (2017), Renault Trucks, Business expansion in France, factsheet number 90580, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90580.