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.
Continente; Península de Setúbal; Península de Setúbal
Location of affected unit(s)
Palmela
Sector
Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.10 - Manufacture of motor vehicles
1,000 jobs Number of planned job creations
Announcement Date
22 March 2025
Employment effect (start)
22 March 2025
Foreseen end date
Description
Autoeuropa Volksvagen's car manufacturer located in Palmela has announced that its factory will be responsible for the production of a new electric car model (ID.Every1). The launch of this model is part of Volkswagen's investment plan to introduce nine new models by 2027, including four electric vehicles. This new production will not only maintain the current 4,500 jobs, but also create 1,000 additional jobs in its factory.
Autoeuropa currently has a turnover of around €3.8 billion and 4,842 employees. Volkswagen Autoeuropa produced 236,100 units last year, accounted for 4% of national exports and represented 1.3% of GDP in 2023.
23 March 2025: Big - Banco de Investimento Global (big.pt)
Citation
Eurofound (2025), Autoeuropa, Business expansion in Portugal, factsheet number 202541, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202541.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...