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 Goods In Specialised Stores 47.71 - Retail Sale Of Clothing In Specialised Stores
200 jobs Number of planned job creations
Announcement Date
24 April 2024
Employment effect (start)
23 May 2024
Foreseen end date
Description
The Irish fashion brand Primark is opening a new store in the centre of Madrid (Spain), creating 200 new jobs after an investment of 15 million Euros.
The new shop will be Primark's 63rd shop in Spain and the 11th in the Madrid region, as well as Primark's second flagship store in Madrid and the fifth in the country (Madrid Gran Vía, Plaza de Cataluña in Barcelona, Bilbao Gran Vía and Valencia Ruzafa). The shop will consist of more than 3,600 square metres of retail space distributed over five floors.
In Spain, Primark did announce previous business expansion plans in 2022 Primark- 2022-ES and recently in 2024.
Eurofound (2024), Primark, Business expansion in Spain, factsheet number 201100, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201100.
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