Type
Business expansion
Country
Portugal
Region
Continente; Algarve; Algarve
Location of affected unit(s)
Faro
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

200 jobs
Number of planned job creations
Job creation
Announcement Date
30 June 2011
Employment effect (start)
1 November 2011
Foreseen end date

Description

French sporting good retail chain Decathlon will open a new store in Faro, a region with the highest unemployment rate in Portugal. The investment will create 200 new jobs.


Sources

  • 30 June 2011: Lusa
  • 1 July 2011: Boas Noticias

Citation

Eurofound (2011), Decathlon, Business expansion in Portugal, factsheet number 72205, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72205.