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.
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
250 jobs Number of planned job creations
Announcement Date
8 February 2021
Employment effect (start)
26 July 2021
Foreseen end date
31 December 2023
Description
The Greek pharmaceutical industry ELPEN, with 1,100 employees is going to create 250 new jobs for highly qualified employees. This increase in employment will come from the construction of a new pharmaceutical production plant in Keratea and a new research and training center in Spata, investments which are in progress. It is estimated that the plant will be ready in June 2022, while the research and training center in Spata will operate within 2023.
Eurofound (2021), ELPEN, Business expansion in Greece, factsheet number 105182, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105182.