EMCC European Monitoring Centre on Change

Souche Paper

Company/Organisation:
Souche Paper

Geographic Location

Country: France
Region: Vosges; Lorraine; Est
Location of affected unit(s): Anould

Company

Sector: Manufacturing
Manufacture of wood and paper products, and printing
17.12 - Manufacture of paper and paperboard
Number Employed: 120

Employment Effects

Announcement Date: 20-07-2011
Type of Restructuring: Business expansion
Employment Effect Start: 01-07-2011
Planned Job Creation: 120

Additional Information

Since April 2011, a new company Souche Papers has assumed the activities of the former "Papeterie de la Souche" which was liquidated as a result of a decision from the Commercial Court of Epinal in December 2010. As a result of the closure 168 workers lost their jobs. However 120 former employees rebuilt the operations and created a new company to take over the plant. These 120 employees are the main shareholders of the company.