Type
Business expansion
Country
Spain
Region
Noreste; La Rioja;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Beverages
11.02 - Manufacture of wine from grape

150 jobs
Number of planned job creations
Job creation
Announcement Date
8 February 2005
Employment effect (start)
Foreseen end date

Description

The Spanish Group Proconsol is composed by 54 companies in different activity sectors altogether and is based in Oyón (Álava, Vasque Country). On 8 February 2005, the Group decided to invest € 90 million to create a new wine cellar in La Rioja for the commercialisation of wine with denomination of Somontano. This involves the creation of 150 jobs. The group will try to export from 60 to 70 % of its wine production.


Sources

  • 8 February 2005: El País

Citation

Eurofound (2005), Proconsol, Business expansion in Spain, factsheet number 61119, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61119.