Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Nigeria-based technology company Jumia will recruit 100 specialised professionals for its technological development centre in the city of Porto, Portugal. The company already has 350 professionals at the centre, which represent 7% of the company workforce. Jumia is looking for managers, software engineers and cybersecurity engineers.
Jumia's first technology centre, in Porto, was developed with the support of Rocket Internet, a German start-up incubator and one of the company's first investors. This reinforcement of the technological centre in Porto follows the investment made in a new technological centre in the city of Cairo, Egypt.
Jumia is operational in 11 African countries through a marketplace, a logistics platform and a fintech platform.
Eurofound (2021), JUMIA, Business expansion in Portugal, factsheet number 106017, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106017.