Vishay Electrónica Portugal

Type
Offshoring/Delocalisation
Country
Portugal
Region
Continente; Norte; Minho-Lima
Location of affected unit(s)
Vila Nova de Famalicão
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products
New offshoring locations
130 jobs
Number of planned job losses
Job loss
Announcement Date
20 October 2004
Employment effect (start)
20 October 2004
Foreseen end date
29 April 2005

Description

The company Vishay announced its relocation. The measure will affect 130 workers. The company gave as a reason the relocation of part of the production and equipment to India, where labour is cheaper. Vishay is installed in Portugal since 1969 where it employs 266 people.

Sources

  • 20 October 2004: Público

Citation

Eurofound (2004), Vishay Electrónica Portugal, Offshoring/Delocalisation in Portugal, factsheet number 60682, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60682.