Type
Business expansion
Country
Portugal
Region
Continente;
Location of affected unit(s)
Arcozelo, Barcelos, Ponte de Lima and Fernão Ferro
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

265 jobs
Number of planned job creations
Job creation
Announcement Date
29 September 2020
Employment effect (start)
29 September 2020
Foreseen end date
30 December 2020

Description

The French retail group Mousquetaires, holding the Intermarché and Bricomarché brands, will open three supermarkets Intermarche and three Bricomarche stores all over the country, thus ensuring the creation of 265 new jobs. 

With these three new stores, the group Mousquetaires will invest €25.3 million in Portugal, increasing its number of establishments to 331. In total, Mousquetaires will hire 500 employees in 2020. 


Sources

Citation

Eurofound (2020), Mousquetaires, Business expansion in Portugal, factsheet number 102689, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102689.