Type
Business expansion
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Villaverde
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

1,000 jobs
Number of planned job creations
Job creation
Announcement Date
15 September 2005
Employment effect (start)
Foreseen end date

Description

The group Citroën-Peugeot-PSA specialised in the manufacture of motor vehicles will increase its labour in the Villaverde plant (Comunidad de Madrid, Spain) by 1,000 employees. The group will invest €300 million in the plant in order to improve production activities as announced in its Industrial Plan for the years 2005-2007.


Sources

Citation

Eurofound (2005), Group PSA, Business expansion in Spain, factsheet number 62301, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62301.