Type
Business expansion
Country
Portugal
Region
Continente; Centro (PT); Região de Coimbra
Location of affected unit(s)
Soure
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.4 - Manufacture of basic precious and other non-ferrous metals
24.42 - Aluminium production

300 jobs
Number of planned job creations
Job creation
Announcement Date
22 January 2026
Employment effect (start)
31 March 2026
Foreseen end date
1 January 2030

Description

Exlabesa, a Spanish-based multinational, has announced a €40 million investment in Soure (Coimbra district) to expand its facilities, thereby increasing its production capacity. This investment will create 300 new jobs over the next four years, adding to the site’s current workforce of 100 employees.

The construction works are expected to be completed in the first quarter of 2026. The expansion is driven by the company’s strategy to increase production capacity—from 16,000 to 45,000 tonnes annually—and enter high value‑added markets such as naval, defence, and mobility. The project also aligns with a commitment to sustainability and the green transition, including reducing the carbon footprint of new products and investing in circular‑economy processes such as material recovery and process optimisation.

The company states that it will prioritise local recruitment, particularly women. The Mayor highlighted the importance of this investment for the region.


Sources

Citation

Eurofound (2026), Exlabesa, Business expansion in Portugal, factsheet number 204120, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204120.