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 (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
320 jobs Number of planned job creations
Announcement Date
4 May 2009
Employment effect (start)
4 May 2009
Foreseen end date
31 December 2010
Description
JP Sá Couto, a manufacturer of computers, wants to expand its factory in Matosinhos and create 320 new jobs.
The municipality of Matosinhos will offer (free of charge for 25 years) a municipal property to the company. The agreement is to be established under the proactive anti-crisis measures adopted by the Municipality in March 2009, whose aim is to support companies building new plants producing computers, boards and other computer products.
The project will involve an investment of €11 million.
Sources
4 February 2009: Jornal de Notícias
Citation
Eurofound (2009), JP Sá Couto, Business expansion in Portugal, factsheet number 69028, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69028.
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