Type
Business expansion
Country
Portugal
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

0 jobs
Number of planned job losses
Job loss
Announcement Date
8 March 2006
Employment effect (start)
Foreseen end date

Description

Barclays Portugal, is a finance entity owned by Barclays Bank and is one of the largest services groups in the world. It is operating in the Portuguese market for 20 years. Barclays Portugal has the intention to open 30 more agencies in Portugal during the current year. With the opening of the new agencies this bank expects to end 2006 with a total number of 900 employees in Portugal.


Sources

  • 8 March 2006: Diário Económico

Citation

Eurofound (2006), Barclays, Business expansion in Portugal, factsheet number 63104, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63104.