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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.3 - Manufacture of communication equipment
1,500 jobs Number of planned job creations
Announcement Date
24 April 2012
Employment effect (start)
Foreseen end date
31 December 2012
Description
Telecommunication hardware company Nokia Siemens Networks will be setting up a new business unit in Lisbon. An agreement was signed between the company and the Portuguese Government, including an incentive package facilitating the implementation of the new site.
The unit is expected to be operational by the end of 2012 and it will create 1,500 new jobs. Most of these will be high qualified jobs.
Eurofound (2012), Nokia Siemens Networks, Business expansion in Portugal, factsheet number 73576, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73576.
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