Restructuring events
European Restructuring Monitor (ERM)
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.
The Volkswagen Financial Services (VWFS) will recruit 130 workers from different areas until the end of 2022, following its installation in the Lionesa Business Hub (LBH) in the municipality of Matosinhos' Leca do Balio. VWFS is looking for project managers, business analysts, functional applications or purchasing, test automation specialists, development engineers, among others. By 2025, an expansion plan is expected to be completed by the LBH, according to a statement issued by LBH's officials. The new LBH will be hosting the Porto Application Center (PAC) project, which covers an area size of some 1,100sqm.
Eurofound (2022), Volkswagen Financial Services, Business expansion in Portugal, factsheet number 106506, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106506.