EMCC European Monitoring Centre on Change

Nokia Siemens Networks

Company/Organisation:
Nokia Siemens Networks

Geographic Location

Country: Portugal
Region: Grande Lisboa; Lisboa; Continente
Location of affected unit(s): Lisboa

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26.3 - Manufacture of communication equipment

Employment Effects

Announcement Date: 24-04-2012
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2012
Planned Job Creation: 1500

Additional Information

Telecommunication hardware company Nokia Siemens Networks will be setting up a new business unit in Lisbon. An agreement was signed between the company and the Portuguese Government, including an incentive package facilitating the implementation of the new site.

The unit is expected to be operational by the end of 2012 and it will create 1,500 new jobs. Most of these will be high qualified jobs.