Fortissue

Type
Business expansion
Country
Portugal
Region
Continente; Norte; Alto Minho
Location of affected unit(s)
Viana do Castelo
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17.2 - Manufacture of articles of paper and paperboard
17.22 - Manufacture of household and sanitary goods and of toilet requisites
184 jobs
Number of planned job creations
Job creation
Announcement Date
15 April 2013
Employment effect (start)
1 October 2013
Foreseen end date

Description

The Portuguese tissue manufacturer Suavecel will invest €25 millions on the Fortissue factory. Thanks to this plan, a new tissue production facility will be established in the town of Alvaraes (Viana do Castelo). Fortissue is going to create 184 new jobs. This investment comprises the installation of two paper machines. The first will be in place in the last quarter of 2013, the second one two years later.

Sources

  • 15 April 2013: TVI24

Citation

Eurofound (2013), Fortissue, Business expansion in Portugal, factsheet number 75340, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75340.