Orbea Spain

Type
Reshoring
Country
Spain
Reshoring from
China
Reshored business function
Production
Region
Noreste; País Vasco; Bizkaia
Location of affected unit(s)
Vizcaya
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30.9 - Manufacture of transport equipment n.e.c.
30.92 - Manufacture of bicycles and invalid carriages
No information on job gains number available
Announcement Date
16 April 2015
Employment effect (start)
1 April 2015
Foreseen end date
1 June 2015

Description

Orbea is a Spanish company that produces bycicles (65 millions revenues in 2013) for the internal and external (30%) markets. The company has decided to reshore its production from Kunshan (China) to Aveiro (Portugal) in order to increase product customization and reduce the time of production. At the same time this reshoring motivates the company to expand its headquarters in Mallabia (Vizcaya), which currently counts 170 employees that should increase with the reshore operation.

Sources

Citation

Eurofound (2015), Orbea Spain, Reshoring in Spain, factsheet number 176, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/176.