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 Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
150 jobs Number of planned job creations
Announcement Date
17 March 2007
Employment effect (start)
Foreseen end date
31 December 2009
Description
Farma APS, which hold the brand Generis (medicine generic products), is going to expand the factory opened in November 2006.
The objective of the investment is to increase the production capacity. Moreover, this company intends to expand their stock capacity, increasing the number of packaging lines from 4 to 12. This factory currently employs a total of 180 workers and is expecting to create 150 new jobs.
Sources
17 March 2007: Expresso
Citation
Eurofound (2007), Farma APS, Business expansion in Portugal, factsheet number 65100, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65100.
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