Type
Business expansion
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Information And Communication Equipment In Specialised Stores
47.42 - Retail sale of telecommunications equipment in specialised stores

300 jobs
Number of planned job creations
Job creation
Announcement Date
7 September 2021
Employment effect (start)
10 September 2021
Foreseen end date
1 September 2022

Description

Hubside.Store is to open 40 stores in Portugal specialized in the retail and rental of new and refurbished multimedia devices, which will create 300 permanent direct jobs gradually until September 2022. The main positions are store managers and salespersons specialized in multimedia products and services.

The company foresees to expand in Portugal through franchised stores and consolidate its presence in the Iberic market for the development of Hubside in Europe.


Sources

Citation

Eurofound (2021), Hubside.Store Portugal, Business expansion in Portugal, factsheet number 105695, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105695.