Domingos Silva Teixeira

Type
Business expansion
Country
Portugal
Region
Continente; Norte; Cávado
Location of affected unit(s)
Vila Verde
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
500 jobs
Number of planned job creations
Job creation
Announcement Date
19 May 2008
Employment effect (start)
Foreseen end date

Description

Domingos Silva Teixeira, a Portuguese Company based in Braga, plans to invest EUR 17 million in the development of a new factory in Soutelo (Vila Verde) which will employ 500 people. The new factory will produce solar panels and wind power generators. In order to reduce costs, the company will also hire PhD students from China, India and USA to work on research related to renewable energy.

Sources

  • 19 May 2008: Jornal de Notícias

Citation

Eurofound (2008), Domingos Silva Teixeira, Business expansion in Portugal, factsheet number 66643, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66643.