Mare Nostrum announces an important step in its reorganization plan which aims in particular to protect the interests of the company, its employees and its business partners.
As planned, after an in-depth analysis of its operational structure, the Group took the decision to close around twenty entities, including around fifteen temporary employment companies which had no longer been active since July 2023. The remaining entities concern unprofitable activities which are no longer part of the company’s long-term strategy.
These closures will make it possible to rationalize the Group’s legal structure, optimize operational costs and will have very limited consequences on employment (around twenty positions). Supporting measures aimed at mitigating the social impacts of this decision have already been put in place.
This first strategic step is part of the action plan undertaken by the Group which aims to concentrate its resources on key areas and optimize its operational efficiency. The Mare Nostrum group remains resolutely committed to its business partners, employees and shareholders; and works actively, alongside the administrators and legal representatives, on the development of the continuation plan which will be submitted to the Commercial Court.