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.
Continente; Centro (PT); Beiras e Serra da Estrela
Location of affected unit(s)
Covilhã
Sector
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26.5 - Manufacture of measuring testing instruments, clocks and watches 26.52 - Manufacture of watches and clocks
30 jobs Number of planned job creations
Announcement Date
21 October 2016
Employment effect (start)
1 October 2016
Foreseen end date
1 December 2017
Description
Mepi Surfaces is a Portuguese company specialized in precision mechanic for luxury goods and watchmakers. The company is set to reinforce the business in Covilha, thus creating around 30 new jobs. Part of the production carried out in France and Switzerland is going to be relocated to Covilha, specifically in the industrial park in Tortosendo. The new arrangement is going to include also other relocations within the borders of Portugal. In particular, activities currently carried out in the city of Fundao by the other company of the group will be transferred to Covilha.
Eurofound (2016), Mepisurfaces, Reshoring in Portugal, factsheet number 152, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/152.
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