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.
The Shangai Union Technology group (one of the biggest rapid
prototyping system supplier in mainland of China) is going to invest
221 millions euro in the creation of a production unit of alkaline batteries in Beja.
When a full production is reached, it will employ nearly 600 workers. 30 to 40 technical staff will come from China and the remaining workers will be hired locally.
The company should initiate activity in Beja still in 2008 with
the installation of the first phase of the project that will create jobs
to around 80 Portuguese workers.
The industrial unit will be installed in three phases and it is going to
occupy a six hectares area in the Industrial Park of Beja.
Eurofound (2008), Shangai Union Technology group, Business expansion in Portugal, factsheet number 66321, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66321.