Kronospan

Type
Business expansion
Country
Spain
Region
Este; Cataluña; Tarragona
Location of affected unit(s)
Tortosa
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
16.21 - Manufacture of veneer sheets and wood-based panels
185 jobs
Number of planned job creations
Job creation
Announcement Date
12 October 2021
Employment effect (start)
Foreseen end date

Description

Austrian wood treatment company Kronospan has announced an investment of 180 million euros to build a new factory in Tortosa (Tarragona). The factory will create 185 direct jobs and 1,500 indirect jobs. The company has also announced that the factory will be operational in 2022. Kronospan has 40 factories around the world and employs 14,500 workers. In Spain, it has two factories in Burgos (Castilla y León) employing 132 people.

Sources

Citation

Eurofound (2021), Kronospan, Business expansion in Spain, factsheet number 105484, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105484.