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.
Ice cream manufacturer Froneri has announced the recruitment of around 100 employees in 2022 at its factory in Plouédern, as part of its expansion. The company plans to double its production capacity to 560 tonnes per day. The unit would thus ensure the production of ice cream cones for the entire French market. To achieve this objective, the group aims at completely renew its industrial facilities by installing new lines without constructing additional buildings. In particular, it will take advantage of the vacant space left by the dairy production that was terminated in 2021: it was the only French dairy that was completely integrated into an ice cream manufacturer. The factory operates 24 hours a day and employs 500 people, a third of whom are seasonal workers,
Previous restructuring cases were recorded in the ERM database in 2018, with 317 job cuts and 98 job creations (Fornieri-2018-FR), and in 2017, with 104 job cuts (Fronieri-2017-FR).
Eurofound (2022), Froneri, Business expansion in France, factsheet number 106965, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106965.