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.
Wholesale / Retail 47 - Retail trade 47.1 - Non-specialised retail sale 47.1 - Non-specialised retail sale
115 jobs Number of planned job creations
Announcement Date
4 October 2006
Employment effect (start)
4 October 2006
Foreseen end date
Description
A new shopping centre, Modelo Continente, opened on 4 October 2006 in Valongo (Oporto). 115 new jobs were created following the opening of this new branch of Modelo Continente.
This new commercial area includes a Modelo hypermarket, several shops and free parking.
Sources
3 October 2006: Diário Económico
Citation
Eurofound (2006), Modelo continente, Business expansion in Portugal, factsheet number 64254, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64254.