Type
Business expansion
Country
Spain
Region
Centro; Castilla y León; León
Location of affected unit(s)
Villadangos
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

150 jobs
Number of planned job creations
Job creation
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61924.