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 Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale On A Fee Or Contract Basis 46.15 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
150 jobs Number of planned job creations
Announcement Date
15 November 2018
Employment effect (start)
27 November 2018
Foreseen end date
Description
Furniture and decoration brand Kinda Home has announced plans to create 150 jobs at its new store in Porto. Kinda Home is part of the Portuguese group Nuvi, which invested a total of €20 million in this expansion. The new four-storey building covers an area of 7,500 square metres and includes a restaurant zone.
The Nuvi group has more than 50 years of history, operating in diverse business areas, such as retail, fruit production and distribution, alcoholic and non-alcoholic beverages and catering.
Sources
Citation
Eurofound (2018), Kinda Home, Business expansion in Portugal, factsheet number 95955, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95955.
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