Type
Business expansion
Country
Portugal
Region
Continente; Norte; Tâmega
Location of affected unit(s)
Paços de Ferreira
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

200 jobs
Number of planned job creations
Job creation
Announcement Date
15 January 2011
Employment effect (start)
30 June 2011
Foreseen end date

Description

Swedwood, part of Swedish furniture retailer IKEA, announced that it will open a new plant in Paços de Ferreira in the summer 2011 and create 200 new jobs. The new jobs will be for both skilled and non-skilled workers. The value of the investment is around 30 million euro; this business expansion is expected to have a positive impact on local employment. Most of new employees are from Paços de Ferreira.


Sources

  • 15 January 2011: Diário de Notícias

Citation

Eurofound (2011), Swedwood, Business expansion in Portugal, factsheet number 71671, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71671.