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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.5 - Retail sale of other household equipment in specialised stores
110 jobs Number of planned job creations
Announcement Date
9 April 2008
Employment effect (start)
1 October 2008
Foreseen end date
Description
Inter IKEA Center Group announced that a new shopping mall will open in the second half of 2008. The project represents an investment of about 165 millions of euros and will create around 110 direct and 2,800 indirect jobs.
This shopping mall will have 2 floors with 200 shops, 30 restaurants and 5100 parking places.
The IKEA plan of expansion in Portugal involves an investment of 660 millions of euros until 2015, the construction of seven shops including the Matosinhos and Alfragide units, two shopping mall and three factories of sweedwood in Paços de Ferreira.
Sources
9 April 2008: Público
Citation
Eurofound (2008), IKEA, Business expansion in Portugal, factsheet number 66543, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66543.
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