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
480 jobs Number of planned job creations
Announcement Date
26 March 2009
Employment effect (start)
1 June 2010
Foreseen end date
Description
The Swedish furniture retailer Ikea plans to invest €70 million to open a new store in Loures. The new IKEA store should be open by 1st Semester 2010 and will create 480 new jobs.The Loures Council representatives believes that this project will strengthen the economic tire of the municipality especially in this period of severe economic crisis and unemployment. The excellent accessibility and proximity to the airport were some of the main reasons for the choice of Frielas as a location of the new store.
Sources
Citation
Eurofound (2009), IKEA, Business expansion in Portugal, factsheet number 68749, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68749.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
