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.
Continente; Península de Setúbal; Península de Setúbal
Location of affected unit(s)
Poceirão
Sector
Transportation / Storage 52 - Warehousing, storage and support activities for transportation 52 - Warehousing, storage and support activities for transportation 52 - Warehousing, storage and support activities for transportation
5,000 jobs Number of planned job creations
Announcement Date
20 June 2007
Employment effect (start)
1 June 2009
Foreseen end date
Description
In 2009 a first phase of the logistical platform (LOGZ – Atlantic Hub) will be installed at Poceirão (Setúbal - Peninsula), resulting from a consortium among several companies such as Bento Pedroso Construções, Mota – Engil Ambiente and services, Espirito Santo Resources and OPCA. This location was decided taking into account the geographical triangle that includes the seaports of Lisbon, Setúbal and Sines, as well as the connection with the main road and railway axes that link the region with the rest of the country and Spain. It is expected that 5,000 direct jobs as well as 7,000 indirect jobs will be created.
Sources
20 June 2007: Público
Citation
Eurofound (2007), LOGZ – Atlantic Hub, Business expansion in Portugal, factsheet number 65529, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65529.
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