IKEA

Type
Business expansion
Country
Portugal
Region
Continente; Norte; Cávado
Location of affected unit(s)
Braga
Sector
Wholesale / Retail
47 - Retail trade
47.5 - Retail sale of other household equipment
47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods
250 jobs
Number of planned job creations
Job creation
Announcement Date
1 June 2015
Employment effect (start)
1 January 2016
Foreseen end date

Description

Swedish furniture retailer IKEA has announced the opening of a new store in Braga, creating 250 new direct jobs and 50 indirect jobs. The new store is expected to be operational in early 2016. This bussiness expansion is a joint initiative of Sonae Sierra and IKEA. The new IKEA store will be part of a new shopping centre, owned by Sonae Sierra and Portuguese national bank Caixa Geral de Depósitos (CGD).

Sources

  • 1 June 2015: Público

Citation

Eurofound (2015), IKEA, Business expansion in Portugal, factsheet number 83635, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83635.