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 (31) Manufacture of furniture 31 - Manufacture of furniture 31 - Manufacture of furniture
200 jobs Number of planned job creations
Announcement Date
12 January 2011
Employment effect (start)
1 January 2011
Foreseen end date
Description
In January 2011, sofa and mattress manufacturer J.J. Louro Pereira inaugurated a new factory at Santarém which will create 200 new jobs. The value of the investment is of around 9 million euro, 3.5 of which is refunded through the National Strategic Reference Framework (NSRF). Most of the production is for international market, especially Spain.
Sources
12 January 2011: Diário de Notícias
14 January 2011: Correio do Ribatejo
Citation
Eurofound (2011), J.J. Louro Pereira, Business expansion in Portugal, factsheet number 71672, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71672.
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