Autoeuropa announces investment of 103 million euros

The Palmela plant will have an investment of 103 million euros, announced Autoeuropa.

The amount will be invested in the modernization of the logistics operation and in the increase of production capacity, the company announced on its website and on the “Linked in” network.

Autoeuropa says, “Investing in the factory is investing in our people, in our region and in our country. With the new cut line in the presses and the automation of the internal logistics warehouse, we accelerate the future“.

Volkswagen Autoeuropa is the largest foreign investment in Portugal, produced 254,600 multi-brand vehicles in 2019. And it is one of the engines of Portuguese exports and has attracted other companies to settle in Palmela, especially those linked to the automotive industry. 

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

four × one =

Back to top button
Translate »

Adblock Detected

Portugalinews is an informative site that we hope will be to your liking, being our only source of income the advertising that is displayed on its pages, if you like the site, please switch off the adblocker, and see the advertising, helping our advertisers, help us to continue, to give you news, events, videos, photos and tips, thank you.