Type
Business expansion
Country
Portugal
Region
Continente; Centro (P);
Location of affected unit(s)
Tramagal
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29 - Manufacture of motor vehicles, trailers and semi-trailers

672 jobs
Number of planned job creations
Job creation
Announcement Date
23 October 2008
Employment effect (start)
Foreseen end date
31 December 2011

Description

Mitsubishi Fuso Truck Europe (MFTE) of the Daimler group, announced an investment of EUR 20 million in its Tramagal plant and the creation of 672 new jobs by 2011. MFTE has recently bought a land nearby Tramagal (57.600 square meters) from the municipality of Abrantes at a symbolic price of 0,50 EUR per square meter. The enlarged plant at Tramagal will produce a new model of the Canter truck.


Sources

  • 23 October 2008: P├║blico

Citation

Eurofound (2008), Mitsubishi Fuso Truck Europe, Business expansion in Portugal, factsheet number 67314, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67314.