Type
Business expansion
Country
Portugal
Region
Continente; Norte;
Location of affected unit(s)
Vila Flor, Vila Real and Paredes
Sector
Agriculture
Agriculture, Forestry And Fishing
Crop And Animal Production, Hunting And Related Service Activities
01 - Crop and animal production, hunting and related service activities

165 jobs
Number of planned job creations
Job creation
Announcement Date
8 May 2009
Employment effect (start)
Foreseen end date

Description

Sousacamp the company which leads the production of fresh mushrooms in Portugal will create  165 more jobs in their units (Vila flor, Vila Real and Paredes) all located in the north of Portugal. This business expansion will involve an investment of €17.5 million. Through the of Rural Development Program (Programa de desenvolvimento Rural - PRODER), the Government will contribute €5.5 million. The company expects to double the production of mushrooms, of which some 11% will be exported especially to Spain.


Sources

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Citation

Eurofound (2009), Sousacamp, Business expansion in Portugal, factsheet number 69026, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69026.