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.
A new distribution centre was established by Johnson & Johnson, a well-known US company specialised in medical and pharmaceutical products.
Johnson & Johnson invested 33 million euro in this new centre intended to provide more than 2500 orders to hospitals and medical centres all over Europe. The creation of this new distribution site has already brought 100 new jobs in the region of Hainaut; region of the south west of Belgium and it will create throughout the year 80 to 100 other new jobs. The management announced during the founding party that the firm intends to extend in a few years the logistics activities of the group in this new centre.
Johnson & Johnson employs around 114000 people in 57 countries including more than 5000 workers in Belgium.
Eurofound (2007), Johnson & Johnson, Business expansion in Belgium, factsheet number 65176, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65176.
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