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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29 - Manufacture of motor vehicles, trailers and semi-trailers
100 jobs Number of planned job creations
Announcement Date
1 February 2018
Employment effect (start)
4 February 2018
Foreseen end date
Description
The Portuguese bus manufacturer CaetanoBus will recruit 100 new employees skilled in welding, painting, carpentry, electricity and mechanics. The move stems from the interest of the company with mobility commitments, market expansion and globalisation of its products. Due to the growing demand for 'environmentally friendly' buses, CaetanoBus will create a new production unit, which will start operating in 2018, with an investment of 1.5 million euros.
Sources
1 February 2018: Jornal de negocios
Citation
Eurofound (2018), CaetanoBus, Business expansion in Portugal, factsheet number 93265, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93265.
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