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 29.32 - Manufacture of other parts and accessories for motor vehicles
100 jobs Number of planned job creations
Announcement Date
18 October 2018
Employment effect (start)
1 January 2019
Foreseen end date
Description
Faurecia, a global leader in automotive technology, will relocate its operational Centre in Portugal. The company will invest more than € 6 million in a new building in Santa Maria da Feira, with a capacity for 400 workers. This process will lead to the recruitment of 100 workers and the remaining 300 workers will come from centres abroad and from other centres that Faurecia has in Portugal. The French company currently has more than 4,000 employees in 6 factories and two technology centres in Portugal.
Sources
Citation
Eurofound (2018), Faurecia, Business expansion in Portugal, factsheet number 95714, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95714.
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