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.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding
0 jobs Number of planned job losses
Announcement Date
8 March 2006
Employment effect (start)
Foreseen end date
Description
Barclays Portugal, is a finance entity owned by Barclays Bank and is one of the largest services groups in the world. It is operating in the Portuguese market for 20 years. Barclays Portugal has the intention to open 30 more agencies in Portugal during the current year. With the opening of the new agencies this bank expects to end 2006 with a total number of 900 employees in Portugal.
Sources
8 March 2006: Diário Económico
Citation
Eurofound (2006), Barclays, Business expansion in Portugal, factsheet number 63104, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63104.