Business expansion
Continente; Centro (P); Beira Interior Sul
Location of affected unit(s)
Castelo Branco
Financial Services
Activities Auxiliary To Financial Services And Insurance Activities
Activities Auxiliary To Financial Services And Insurance Activities
66.19 - Other activities auxiliary to financial services, except insurance and pension funding

200 jobs
Number of planned job creations
Job creation
Announcement Date
20 November 2019
Employment effect (start)
Foreseen end date


SIBS, the company responsible for the management of the ATM network, announced the opening of a new building in Castelo Branco. The business expansion is expected to result in the creation of 200 new job positions, who are planned to reinforce the Business Process Outsourcing (BPO) unit. The new facility meets the company's goal to reinforce and complement its teams in Lisbon by decentralising BPO operations.

The company has been present in the Municipality of Castelo Brando since 2012, currently employing 300 people in its BPO continuity teams.



Eurofound (2019), SIBS, Business expansion in Portugal, factsheet number 99166, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99166.