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 29.1 - Manufacture of motor vehicles
300 jobs Number of planned job creations
Announcement Date
6 November 2018
Employment effect (start)
6 November 2018
Foreseen end date
Description
German automaker Volkswagen has announced the opening of its new software development centre in Lisbon, which will employ 300 IT specialists. According to a spokesperson for the company, the centre will focus on developing software for digital ecosystems and internal processes of the group. One third of the new employees are expected to work on cloud-based services and specifically for the commercial vehicle sector for MAN Truck and Bus. As of November 2018, the Volkswagen Group employs around 650,000 people globally.
Sources
Citation
Eurofound (2018), Volkswagen, Business expansion in Portugal, factsheet number 95954, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95954.
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