Type
Business expansion
Country
Portugal
Region
Continente; Alentejo; Alentejo Litoral
Location of affected unit(s)
Sines
Sector
Wholesale / Retail
Retail trade
Non-specialised retail sale
47.1 - Non-specialised retail sale

175 jobs
Number of planned job creations
Job creation
Announcement Date
10 September 2013
Employment effect (start)
13 September 2013
Foreseen end date

Description

Sonae group created 175 new jobs with the opening of a new commercial gallery in Sines. This commercial gallery, which will open on 13 September, includes a Modelo supermarket and five other shops run by the Sonae group.

This business expansion involves an investment of 9 million euro.

For information on previous restructuring cases concerning Sonae seeĀ Sonae 2012, Sonae 2010, Sonae 2010(b), Sonae 2010(c).


Sources

  • 10 September 2013: Jornal de negocios

Citation

Eurofound (2013), Sonae, Business expansion in Portugal, factsheet number 75848, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75848.