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.
Amyris Bio Products Portugal, a Portuguese subsidisry of Amyris Bio Product of US, will invest around €10 million and create a cosmetics production plant in Portugal. This investment will create between 150 to 200 new jobs.
After the development of a partnership with the Biotechnology School of the Catholic University to study and develop by-products and waste resulting from fermentation process, the group managed to create the first silica in the world from sugar cane ashes and together the entities want to develop a technology hub of international reference. Part of the output will be exported to other European markets.
Eurofound (2021), Amyris Bio Products Portugal, Business expansion in Portugal, factsheet number 104938, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/104938.