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.
On 12 December 2011, the French railways group SNCF has announced to recruit 4,500 employees within its commercial and industrial state-run body (établissement public à caractère industriel et commercial, EPIC).
This body has 154,933 employees and generated a turnover of 18.6 billion Euros in 2010 (17.8 billion in 2009 and 18.5 billion in 2008).
But the number of permanent employees has decreased from 161,927 in 2007 to 154,933 in 2010 and must be near to 150000 by the end of 2011. There are more retirements and natural departures than recruitments within the commercial and industrial state-run body.
UPDATE 24-09-2012: According the Press agency AFP, the group expected to recruit 10,000 employees in 2012 in the whole group SNCF including 5,300 within its commercial and industrial state-run body (établissement public à caractère industriel et commercial, EPIC).
Eurofound (2011), SNCF, Business expansion in France, factsheet number 72837, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72837.
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