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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
170 jobs Number of planned job creations
Announcement Date
11 November 2019
Employment effect (start)
11 November 2020
Foreseen end date
31 December 2020
Description
The Continental Mabor, the Portuguese subsidiary of German tyres manufacturer Continental, located in Vila Nova de Famalicao, has announced that it is to make permanent contracts to some 170 of its 400 temporary employees, before the end of 2020. The remaining temporary employees will be converted into permanent staff progressively. Additionally, the company also states that there is an intention to hire new workers to replace others who will leave the company due to retirement reasons.
Eurofound (2019), Continental Mabor, Business expansion in Portugal, factsheet number 102685, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102685.
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