Type
Business expansion
Country
Portugal
Region
Continente; Norte; Grande Porto
Location of affected unit(s)
Valongo
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale On A Fee Or Contract Basis
46.19 - Agents involved in the sale of a variety of goods

400 jobs
Number of planned job creations
Job creation
Announcement Date
26 March 2009
Employment effect (start)
Foreseen end date

Description

Oxylane Group, the corporate identity of French sporting goods retail chain Decathlon, is to invest €40 million in the opening of a logistics centre in the industrial area of Valongo which will create 400 new jobs. The excellent accessibility was one of the main reasons for the choice of the place. The company will privilege the local hiring of residents.


Sources

  • 23 March 2009: Público

Citation

Eurofound (2009), Decathlon, Business expansion in Portugal, factsheet number 68750, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68750.