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.
Acome, a manufacturer of cables, optical fiber and synthetic tubes, has announced the recruitment of 120 employees in 2019 to cope with the business growth. Acome is one of the largest French cooperative company (it belongs to its workers). While the workforce in the cable industry has halved in 20 years, Acome is the only cable manufacturer that invests in skills and training and creates sustainable jobs.
The dynamic deployment of Very High Speed, electric and connected vehicles is the driving force behind growth and offsets the decline in activity in copper infrastructure networks and the slowdown in building activity. Acome will dedicate 4% of its pay-roll to finance 33,000 hours of training on 2019 which cab summarised in three actions: launching an 18-month training course (promotion of 16 people internally) to build a pool of future technicians, promote internal promotion and talent management; launching a 6-month "Professionalization Contracts" (CQPM) for new production line managers (32 people); opening of a 'Maintenance School' in-house to overcome the difficulties of finding maintenance personnel on the market, train volunteers and promote internal promotion (10 people trained for 18 months).
Eurofound (2019), Acome, Business expansion in France, factsheet number 96492, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96492.
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