Kinda Home

Type
Business expansion
Country
Portugal
Region
Continente; Norte; Área Metropolitana do Porto
Location of affected unit(s)
Porto
Sector
Wholesale / Retail
46 - Wholesale trade
46.1 - Wholesale on a fee or contract basis
46.15 - Activities of agents involved in the wholesale of furniture, household goods, hardware and ironmongery
150 jobs
Number of planned job creations
Job creation
Announcement Date
15 November 2018
Employment effect (start)
27 November 2018
Foreseen end date

Description

Furniture and decoration brand Kinda Home has announced plans to create 150 jobs at its new store in Porto. Kinda Home is part of the Portuguese group Nuvi, which invested a total of €20 million in this expansion. The new four-storey building covers an area of 7,500 square metres and includes a restaurant zone.

The Nuvi group has more than 50 years of history, operating in diverse business areas, such as retail, fruit production and distribution, alcoholic and non-alcoholic beverages and catering.

Citation

Eurofound (2018), Kinda Home, Business expansion in Portugal, factsheet number 95955, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95955.