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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other monetary intermediation
130 jobs Number of planned job creations
Announcement Date
14 March 2022
Employment effect (start)
14 March 2022
Foreseen end date
31 December 2022
Description
The Volkswagen Financial Services (VWFS) will recruit 130 workers from different areas until the end of 2022, following its installation in the Lionesa Business Hub (LBH) in the municipality of Matosinhos' Leca do Balio. VWFS is looking for project managers, business analysts, functional applications or purchasing, test automation specialists, development engineers, among others. By 2025, an expansion plan is expected to be completed by the LBH, according to a statement issued by LBH's officials. The new LBH will be hosting the Porto Application Center (PAC) project, which covers an area size of some 1,100sqm.
Eurofound (2022), Volkswagen Financial Services, Business expansion in Portugal, factsheet number 106506, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106506.
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