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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
150 jobs Number of planned job creations
Announcement Date
5 July 2005
Employment effect (start)
Foreseen end date
Description
The Danish company Vestas has announced the creation of a production plant in León (Castilla y León) creating 150 jobs. The investment will amount €10 million. The company has therefore asked for the subsequent public aids from the regional authorities which are 40% of the investment package. The company Vestas is specialised in the manufacture of aerogenerators and is the worldwide leader of the market with around 30% of market share.
Sources
5 July 2005: El País
Citation
Eurofound (2005), Vestas, Business expansion in Spain, factsheet number 61924, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61924.