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.
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment #N/A 30.30 - Manufacture Of Air And Spacecraft And Related Machinery
50 jobs Number of planned job creations
Announcement Date
8 October 2024
Employment effect (start)
12 September 2025
Foreseen end date
12 September 2025
Description
Safran Aerosystems, a subsidiary of the French multinational aerospace manufacturer Safran, is set to hire 50 new workers at its Cognac site. This recruitment drive aligns with the expansion of the site, which includes an additional 12,000 m² of production space as part of a €15 million investment. The company aims to boost its growth by 25% by 2028 while also improving working conditions for its employees.
The European Restructuring Monitor (ERM) has recorded several restructuring initiatives by Safran, with the latest expansion hiring 300 employees in the Pyrénées-Atlantiques Safran Helicopter Engines 2023 - FR
.
Eurofound (2024), Safran Aerosystems, Business expansion in France, factsheet number 201953, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201953.
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