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 Electrical Equipment 27 - Manufacture of electrical equipment
150 jobs Number of planned job creations
Announcement Date
2 December 2016
Employment effect (start)
5 December 2016
Foreseen end date
31 December 2016
Description
German multinational company Bosch and the University of Aveiro have signed a consortium agreement for the development of intelligent house solutions. Together, Bosch and the University of Aveiro will invest €19 million in the project, which will create 150 jobs, of which 70 will be at Bosch and 72 will be research positions at the University. This consortium intends to create competence-related teams, highly qualified researchers, and some infrastructure in the business area of intelligent products for intelligent houses.
Sources
2 December 2016: Público
Citation
Eurofound (2016), Bosch, Business expansion in Portugal, factsheet number 89317, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89317.
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