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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
250 jobs Number of planned job creations
Announcement Date
13 January 2007
Employment effect (start)
1 February 2007
Foreseen end date
Description
Nissan is planning to open new dealerships in Madrid, it was announced on 13 January 2007. For this purpose it will invest 100 million euro in 2007 and create 250 new jobs. Currently, 350 people are employed at the Madrid dealerships and factories and 6,825 in the whole of Spain. This business expansion is taking place with the aim to increase Nissan's sales in Spain and thereby become the third largest car dealer in the country.
Sources
13 January 2007: Cinco Días
Citation
Eurofound (2007), Nissan, Business expansion in Spain, factsheet number 64749, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64749.
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