Nokia Siemens Networks

Type
Business expansion
Country
Portugal
Region
Continente; Grande Lisboa; Grande Lisboa
Location of affected unit(s)
Lisboa
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
1,500 jobs
Number of planned job creations
Job creation
Announcement Date
24 April 2012
Employment effect (start)
Foreseen end date
31 December 2012

Description

Telecommunication hardware company Nokia Siemens Networks will be setting up a new business unit in Lisbon. An agreement was signed between the company and the Portuguese Government, including an incentive package facilitating the implementation of the new site.

The unit is expected to be operational by the end of 2012 and it will create 1,500 new jobs. Most of these will be high qualified jobs.

Sources

Citation

Eurofound (2012), Nokia Siemens Networks, Business expansion in Portugal, factsheet number 73576, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73576.