The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 13 - Manufacture of textiles 13 - Manufacture of textiles
250 jobs Number of planned job creations
Announcement Date
27 December 2013
Employment effect (start)
1 January 2014
Foreseen end date
Description
Textile company Nst Apparel is to create 250 workplaces in Paredes, district of Porto, starting in January 2014.
This is part of a EUR 3 billion investment plan that is supported by a municipal subsidy.
The company is based in Freamunde.
Sources
27 December 2013: Boas Noticias
Citation
Eurofound (2013), Nst Apparel, Business expansion in Portugal, factsheet number 76388, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76388.