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.
Qimonda AG, a German producer of dynamic random access memory (DRAM) for a wide variety of applications, plans to create 150 jobs with the development of a new plant in Vila do Conde producing photovoltaic cells (applied in sun panels). As of May 2008, there is no information on when the new jobs will be created by. This investment results from a partnership between Qimonda and the Centrosolar Group. In a second phase (not yet approved) the business may expand and bring the total workforce at the new plant to 200. In the future, another three plants may be developed in the same area.
Eurofound (2008), Qimonda, Business expansion in Portugal, factsheet number 66644, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66644.