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.
(46 - 47) 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
300 jobs Number of planned job creations
Announcement Date
1 April 2013
Employment effect (start)
1 July 2013
Foreseen end date
1 July 2014
Description
Swedish furniture retailer IKEA is to open a new store in Algarve, Portugal creating 300 new jobs. The recruitment will start in the second semester of 2013 and the new store will operate during the second semester of 2014. Despite the crisis, the Swedish group announced that four new stores will open in Portugal until 2020, creating around 10,000 direct and indirect jobs. For the most recent development of IKEA in Portugal see IKEA – Portugal 2011.
Sources
2 April 2013: TVI online
1 April 2013: Diário Económico
Citation
Eurofound (2013), Ikea, Business expansion in Portugal, factsheet number 75213, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75213.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...