Business expansion
Comunidad de Madrid;
Location of affected unit(s)
San Fernando de Henares
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.41 - Freight transport by road

170 jobs
Number of planned job creations
Job creation
Announcement Date
20 June 2019
Employment effect (start)
Foreseen end date


Industrial parcel and logistics company TSB opens a new center in San Fernando de Henares, Madrid. The investment of €15.5 million generates 170 new jobs. The new logistics center is added to the six directly-owned establishments: two in Madrid, two in Barcelona, one in Valencia and Bilbao each. Additionally, the company has 46 franchises available.

Operating for 52 years in the industry, the company predominantly focuses its activities in the Iberian Peninsula (Spain and Portugal) and takes advantage of intermodal freight transport. The latter allowed the company to reduce CO2 emissions in 2018 by more than 2,000 kg from the previous year.



Eurofound (2019), TSB, Business expansion in Spain, factsheet number 98148, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98148.