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 47.59 - Retail Sale Of Furniture, Lighting Equipment And Other Household Articles In Specialised Stores
400 jobs Number of planned job creations
Announcement Date
7 February 2024
Employment effect (start)
7 February 2024
Foreseen end date
Description
Danish home retail company JYSK has announced that it will create 400 jobs in Europe.
JYSK plans to open between 30 and 35 stores a year in the Iberian Peninsula and hire 400 staff in Portugal and Spain. The company aims to reach 300 commercial spaces in the Spanish market and 80 in the Portuguese market. Currently, JYSK has 131 and 25 stores, respectively. In 2023, the company posted a turnover of €215 million in Spain and Portugal.
Founded in 1979, JYSK is the largest Danish retail retailer operating internationally. The company sells household goods such as mattresses, furniture, and interior décor. The company has 3,300 stores across 48 countries, employing about 30,000 people.
Eurofound (2024), JYSK, Business expansion in European Union, factsheet number 200784, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200784.
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