A 3 million euros investment creates 100 new jobs in Paredes, Portugal
Vygon Portugal announced an investment of 3 million euros in a manufacturing facility that will produce medical-surgical and pharmaceutical products and will create 100 new jobs in Paredes.
The project will be located in the Baltar / Parada business park and the construction of the brand new facility is planned to start in August.
Given the interest of this project to the Municipality a local incentives package in the amount of 180,000 euros and tax incentives (for a period of one year) have been granted to the investor.
In addition Vygon Portugal will benefit from a reduced industrial licensing tax – symbolic value of € 1.
Source : boasnoticias.pt