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; Península de Setúbal; Península de Setúbal
Location of affected unit(s)
Palmela
Sector
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
500 jobs Number of planned job creations
Announcement Date
8 August 2016
Employment effect (start)
1 September 2016
Foreseen end date
Description
Car manufacturer Autoeuropa announced the creation of 500 new jobs at its plant in Palmela (Setúbal) in order to work on the first vehicles of the new model to be produced at this plant. The company is recruiting staff in supply chain, logistics or industrial engineering with experience on the transport management. The new model should be produced from 2017 and represents an investment of 677 millions of euros.
Sources
8 August 2016: Dinheiro Vivo
Citation
Eurofound (2016), Autoeuropa, Business expansion in Portugal, factsheet number 88364, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88364.
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