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 Spanish metallo-mechanics robotics and foundry company Afenisa, announced that it will be opening a production’s unit of components in Abrantes with a total of 250 jobs created by 2009, mainly as regional labour force. The town’s councilor of Abrantes responsible for the economic development of the town, informed that the municipality offered an area of 330 square meters at a lower price in order to motivate investment in the area. The municipality considers the value of the sale as symbolic, considering the scale of this project.
Eurofound (2008), Afenisa, Business expansion in Portugal, factsheet number 67036, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67036.