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.
Continente; Península de Setúbal; Península de Setúbal
Location of affected unit(s)
Sector
Wholesale / Retail 46 - Wholesale trade 46.1 - Wholesale on a fee or contract basis 46.19 - Activities of agents involved in non-specialised wholesale
920 jobs Number of planned job creations
Announcement Date
20 March 2006
Employment effect (start)
22 March 2006
Foreseen end date
Description
RioSul Shopping opened on the 22nd March 2006 in Seixal. This new commercial space is a result of the enlargement of the Continente shopping mall located in Fogueteiro, Seixal.
The RioSul Shopping will have 137 shops, 22 restaurants and 7 cinemas, creating 920 direct jobs.
This Shopping is being launched by Sonae Sierra, an international immovable promoter, owned by the group Sonae (Portugal) and by Grosvenor (UK).
Sources
20 March 2006: Diário Económico
Citation
Eurofound (2006), RioSul Shopping, Business expansion in Portugal, factsheet number 63187, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63187.