Type
Business expansion
Country
Spain
Region
Este; Comunidad Valenciana; Valencia / València
Location of affected unit(s)
Sagunto
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.52 - Casting of steel

704 jobs
Number of planned job creations
Job creation
Announcement Date
19 May 2007
Employment effect (start)
1 January 2009
Foreseen end date

Description

The Ros Casares Group is to create 704 new jobs in Sagunto with the construction of a new steel casting plant. The new site will be located in a technological park in Sagunto and will involve an investment of 569 million EUR. The new plant will operate under the name of Brava Steel and it is expected that production will commence in early 2009.


Sources

  • 29 August 2007: El País
  • 19 May 2007: El País

Citation

Eurofound (2007), Brava, Business expansion in Spain, factsheet number 65452, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65452.