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.
Wholesale / Retail 47 - Retail trade 47.4 - Retail sale of information and communication equipment in specialised stores 47.40 - Retail sale of information and communication equipment
300 jobs Number of planned job creations
Announcement Date
7 September 2021
Employment effect (start)
10 September 2021
Foreseen end date
1 September 2022
Description
Hubside.Store is to open 40 stores in Portugal specialized in the retail and rental of new and refurbished multimedia devices, which will create 300 permanent direct jobs gradually until September 2022. The main positions are store managers and salespersons specialized in multimedia products and services.
The company foresees to expand in Portugal through franchised stores and consolidate its presence in the Iberic market for the development of Hubside in Europe.
Eurofound (2021), Hubside.Store Portugal, Business expansion in Portugal, factsheet number 105695, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105695.