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.
Coimbra, Albufeira, Olhão, Elvas, Tavira, Porto, Aveiro, Braga and Lisboa
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.51 - Retail sale of textiles in specialised stores
300 jobs Number of planned job creations
Announcement Date
16 May 2023
Employment effect (start)
18 May 2023
Foreseen end date
31 December 2023
Description
Polish clothing retailer Pepco will open 30 stores in Portugal until the end of the Year creating around 300 direct jobs. The first store will open in Coimbra (Center Portugal). Pepco will invest also in Tavira, Albufeira, Olhão and Elvas, followed by investments in Porto, Lisbon, Braga and Aveiro.
The brand already has more than one million m2 of retail space across Europe, employing more than 28,000 people in 17 countries.
Eurofound (2023), Pepco, Business expansion in Portugal, factsheet number 109182, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109182.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
