Salvador Caetano

Type
Business expansion
Country
Portugal
Region
Continente; Norte; Área Metropolitana do Porto
Location of affected unit(s)
Vila Nova de Gaia
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30.3 - Manufacture of air and spacecraft and related machinery
30.3 - Manufacture of air and spacecraft and related machinery
180 jobs
Number of planned job creations
Job creation
Announcement Date
3 September 2013
Employment effect (start)
1 November 2013
Foreseen end date

Description

Salvador Caetano, specialized in vehicle assembly, components and distribution, will create 180 new jobs with the opening of a new plant in Vila Nova de Gaia. This new plant will manufacture aeronautical material in partnership with Airbus Military, and will be operational in November 2013. This operation involves an investment of EUR 80 million.

Sources

  • 3 September 2013: sapo

Citation

Eurofound (2013), Salvador Caetano, Business expansion in Portugal, factsheet number 75870, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75870.