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.
Ryanair, low-cost Irish airline, is to create 200 new jobs with the opening of its the second hub in Faro in March 2010. The total worth of this investment is 200 ml Euro. As a result of this investment, the existing 14 routes to and from the Algarve airport will be doubled.
Sources
16 December 2009: Jornal de NotĂcias
Citation
Eurofound (2009), Ryanair, Business expansion in Portugal, factsheet number 70021, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70021.