Type
Business expansion
Country
Portugal
Region
Continente; Norte; Grande Porto
Location of affected unit(s)
Matosinhos
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

320 jobs
Number of planned job creations
Job creation
Announcement Date
4 May 2009
Employment effect (start)
4 May 2009
Foreseen end date
31 December 2010

Description

JP Sá Couto, a manufacturer of computers, wants to expand its factory in Matosinhos and create 320 new jobs.

The municipality of Matosinhos will offer (free of charge for 25 years) a municipal property to the company. The agreement is to be established under the proactive anti-crisis measures adopted by the Municipality in March 2009, whose aim is to support companies building new plants producing computers, boards and other computer products.

The project will involve an investment of €11 million.


Sources

  • 4 February 2009: Jornal de Notícias

Citation

Eurofound (2009), JP Sá Couto, Business expansion in Portugal, factsheet number 69028, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69028.