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.
The Irish fashion brand Primark is opening two new stores in Zaragoza and Lugo, and is relocating its store within the Westfield Parquesur shopping centre in Leganés (Madrid) to a larger space. All these projecst are expected to generate more than 100 jobs and bring the total number of Primark stores in Spain to 67. The investments related to these projects will be additional to the 100 million euros announced by the group at the end of 2022 to grow in the Spanish market. This plan has already resulted in eight openings, one expansion (Diagonal Mar, in Barcelona) and six refurbishments.
Primark did announce previous business expansion plans in 2024 Primark 2024-ES and Primark 2024-ES and 2022 Primark 2022-ES
Eurofound (2024), Primark, Business expansion in Spain, factsheet number 201602, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201602.