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.
French steel company LME (Laminés Marchands Européens) is to create some 90 new jobs at its site in Trith-Saint-Léger bringing the workforce up to 520 staff (including temporary agency workers). According to press reports, forty jobs have already been created. The company intends to increase its production by 30%.
LME has already made large investments to modernize the production equipment - this move has allowed the company to cut costs and cope with a fall in sales due to the financial crisis, according to media reports.
Eurofound (2012), Laminés Marchands Européens (LME), Business expansion in France, factsheet number 73308, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73308.