J.J. Louro Pereira

Type
Business expansion
Country
Portugal
Region
Continente; Oeste e Vale do Tejo; Lezíria do Tejo
Location of affected unit(s)
Santarém
Sector
Manufacturing
(31) Manufacture of furniture
31 - Manufacture of furniture
31 - Manufacture of furniture
200 jobs
Number of planned job creations
Job creation
Announcement Date
12 January 2011
Employment effect (start)
1 January 2011
Foreseen end date

Description

In January 2011, sofa and mattress manufacturer J.J. Louro Pereira inaugurated a new factory at Santarém which will create 200 new jobs. The value of the investment is of around 9 million euro, 3.5 of which is refunded through the National Strategic Reference Framework (NSRF). Most of the production is for international market, especially Spain.

Sources

  • 12 January 2011: Diário de Notícias
  • 14 January 2011: Correio do Ribatejo

Citation

Eurofound (2011), J.J. Louro Pereira, Business expansion in Portugal, factsheet number 71672, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71672.