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 29.3 - Manufacture of parts and accessories for motor vehicles
400 jobs Number of planned job creations
Announcement Date
13 July 2015
Employment effect (start)
13 July 2015
Foreseen end date
Description
Faurecia, a French automotive parts manufacturer, will invest 40 million euros in expanding its plant in Bragança (North Portugal). This expansion will create 400 jobs. This investment results from an agreement between Faurecia and the Portuguese State. Recruitment is already in progress and covers both employees for units as well as for the office and administration. The new unit will produce emission control systems, "with the most innovative technology" such as nitrogen oxides reduction systems (NOx). Faurecia currently employs more than 720 people in Bragança. In Portugal since 1951, the French group employs more than 3,700 people in six Portuguese factories (Bragança, Nelas, Palmela, Vouzela and two in São João da Madeira). Among the main customers of Faurecia Portugal are Mercedes, Jaguar Land Rover, Skoda, Daimler, RSA, PSA, General Motors, Renault, Nissan, VW, Citroen, Peugeot and Seat.
Sources
13 July 2015: Jornal de negocios
Citation
Eurofound (2015), Faurecia, Business expansion in Portugal, factsheet number 84240, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84240.
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