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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
450 jobs Number of planned job creations
Announcement Date
21 January 2019
Employment effect (start)
Foreseen end date
Description
The Valencian company Power Electronics has announced plans to create 450 positions at its new plant in Lliria, Valencia. The company is looking for 400 production workers of mechanical or electrical assembly and 50 people for logistics positons. The jobs offered by Power Electronics are managed by the Valencian Employment and Training Service. The plant in Lliria will cover an area of more than 90,000 square metres.
A previous restructuring took place in 2018, when 100 jobs were created.
Eurofound (2019), Power Electronics, Business expansion in Spain, factsheet number 97197, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97197.
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