Vestas

Type
Business expansion
Country
Portugal
Region
Continente; Norte; Área Metropolitana do Porto
Location of affected unit(s)
Matosinhos
Sector
Electricity
35 - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
350 jobs
Number of planned job creations
Job creation
Announcement Date
23 November 2017
Employment effect (start)
1 January 2018
Foreseen end date

Description

Vestas, a wind power multinational, will invest between EUR 5-10 million  in the North of Portugal and will open an innovation centre in Leça do Balio, Matosinhos. This process will lead to the creation of 350 jobs in the municipality.

Sources

  • 23 November 2017: Jornal economico

Citation

Eurofound (2017), Vestas, Business expansion in Portugal, factsheet number 92886, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92886.