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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
800 jobs Number of planned job creations
Announcement Date
15 January 2008
Employment effect (start)
1 February 2008
Foreseen end date
Description
Sardinha & Leite Group has announced the creation of 800 to 1000 new jobs with the development of a business pole in the north of the Azambuja. This business expansion involves an investment of around EUR 70 million. As of February 2008, there is no information on when the new jobs will be created by. Sardinha & Leite Group is a holding company controlling the entire capital of Sardinha & Leite, which operates in the wood products industry supplying raw wood, wood flooring, and wood modules, and of Sardinha & Leite – Investimentos Imobiliários, which manages and develops property holdings. The new jobs will be created in the manufacture of wood products.
Sources
15 January 2008: Público
Citation
Eurofound (2008), Sardinha & Leite Group, Business expansion in Portugal, factsheet number 66323, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66323.
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