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 47.1 - Non-specialised retail sale 47.1 - Non-specialised retail sale
700 jobs Number of planned job creations
Announcement Date
1 June 2010
Employment effect (start)
1 June 2010
Foreseen end date
Description
Tavira Grand Plaza opened on June 2010 in Tavira, Algarve. This new shopping centre belongs to Sonae group, has 110 shops and created 700 jobs. According to the city council president, this shopping will attract thouands of Portuguese and Spanish customers to the town, who will visit the historical centre and also buy in local traditional shops.
Sources
10 June 2010: Jornal Algarve 123
Citation
Eurofound (2010), Sonae, Business expansion in Portugal, factsheet number 71137, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71137.