Orbea

Type
Reshoring
Country
Portugal
Reshoring from
China
Reshored business function
Production
Region
Continente; Centro (PT); Região de Aveiro
Location of affected unit(s)
Aveiro
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. The new plant should be operative from 30th June 2015. 

Sources

Citation

Eurofound (2015), Orbea, Reshoring in Portugal, factsheet number 177, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/177.