Type
Business expansion
Country
Portugal
Region
Continente;
Location of affected unit(s)
Lisboa, Montijo, Setúbal, Sintra and Santarém
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

650 jobs
Number of planned job creations
Job creation
Announcement Date
31 March 2022
Employment effect (start)
31 March 2022
Foreseen end date
31 December 2022

Description

The Spanish supermarket chain Mercadona will open 10 new stores during 2022, which will bring the number of supermarkets in the country to 39. This will involve the creation of at least 650 jobs.

Mercadona closed last year with a sales volume of €415 million in Portugal, out of a global total of €27,819 million. The company expects to invest €150 million in its expansion over Portugal during 2022.

This business expansion comes after the opening of multiple shops across the country during 2021 and 2022


Sources

Citation

Eurofound (2022), Mercadona, Business expansion in Portugal, factsheet number 106534, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106534.