EMCC European Monitoring Centre on Change

Brava

Company/Organisation:
Brava

Geographic Location

Country: Spain
Region: Valencia / València; Comunidad Valenciana; Este
Location of affected unit(s): Sagunto

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.52 - Casting of steel
Group: Ros Casares

Employment Effects

Announcement Date: 19-05-2007
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2009
Planned Job Creation: 704

Additional Information

The Ros Casares Group is to create 704 new jobs in Sagunto with the construction of a new steel casting plant. The new site will be located in a technological park in Sagunto and will involve an investment of 569 million EUR. The new plant will operate under the name of Brava Steel and it is expected that production will commence in early 2009.