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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
300 jobs Number of planned job creations
Announcement Date
29 March 2011
Employment effect (start)
1 April 2011
Foreseen end date
Description
Car manufacturer Autoeuropa announced the creation of 300 new jobs at its plant in Palmela (Setúbal) due to increasing demand. The 300 temporary workers will sign an initial contract for six months starting in April 2011. The contract extensions will depend on incoming orders for 2012 as well as workers' performance.
Part of the new orders must be delivered in August, which forced the company to negotiate compensatory measures with the workers. The traditional holiday period in August will this year be of 19 days spread over three distinct periods. An annual premium of 250€ will be paid to each worker with a minimum of eight months work.
Sources
30 March 2011: Jornal de negocios
29 March 2011: Diário Económico
30 March 2011: RTP
Citation
Eurofound (2011), Autoeuropa, Business expansion in Portugal, factsheet number 71833, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71833.
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