CaetanoBus

Type
Business expansion
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29 - Manufacture of motor vehicles, trailers and semi-trailers
29 - Manufacture of motor vehicles, trailers and semi-trailers
100 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/93265.