Restructuring events
European Restructuring Monitor (ERM)
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.
Hutchinson, an French automotive parts producer, will expand its production facility in Portalegre, region of Alentejo. This investment will create between 100 and 150 new jobs that will joined to the existing workforce of 740 (of which 300 are temporary - hired through specialised companies).
Established 25 years ago in the industrial area of Alentejo, the plant produces rubber and plastic hoses for car radiators, among other parts.
In Portalegre, Hutchinson manufactures directly for the final consumer, exporting over 90% of its produced material, primarily to Spain and France.
The Hutchinson group is based in France and has 75 factories around the world, employing over 90,000 people.
Eurofound (2024), Hutchinson Portugal, Business expansion in Portugal, factsheet number 201715, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201715.