Continental Mabor

Type
Business expansion
Country
Portugal
Region
Continente; Norte; Ave
Location of affected unit(s)
Famalicão
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22.1 - Manufacture of rubber products
22.11 - Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes
170 jobs
Number of planned job creations
Job creation
Announcement Date
11 November 2019
Employment effect (start)
11 November 2020
Foreseen end date
31 December 2020

Description

The Continental Mabor, the Portuguese subsidiary of German tyres manufacturer Continental, located in Vila Nova de Famalicao, has announced that it is to make permanent contracts to some 170 of its 400 temporary employees, before the end of 2020. The remaining temporary employees will be converted into permanent staff progressively. Additionally, the company also states that there is an intention to hire new workers to replace others who will leave the company due to retirement reasons.

Sources

Citation

Eurofound (2019), Continental Mabor, Business expansion in Portugal, factsheet number 102685, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102685.