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 22.22 - Manufacture of plastic packing goods
200 jobs Number of planned job creations
Announcement Date
24 May 2007
Employment effect (start)
Foreseen end date
31 December 2007
Description
Polipropigal, a company owned by the Spanish group Peradela, announced the opening of a new production unit in Portugal, namely in Tabaçô, Arcos de Valdevez, by the end of 2007. This factory will produce plastic packages for food and bioriented polypropylene film, and it is expected to create more than 200 jobs. The choice for this location is related to the support (not specified) provided by the Municipality of Arcos de Valdevez to attract new investment to the area.
Sources
24 May 2007: Público
Citation
Eurofound (2007), Polipropigal, Merger/Acquisition in Portugal, factsheet number 65405, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65405.
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