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.
Wholesale / Retail Retail trade Retail sale of other goods, except motor vehicles and motorcycles 47.71 - Retail sale of clothing
100 jobs Number of planned job creations
Announcement Date
10 April 2025
Employment effect (start)
10 April 2025
Foreseen end date
Description
Primark, the Irish fashion retailer, will open its newest store in Portugal at Guimarães Shopping Centre on 9 May 2025. The new store will create over 100 jobs, bringing Primark’s total workforce in Portugal to around 1,800 employees.
Primark has announced a €40 million investment plan for the Portuguese market, which includes the opening of four new stores in four different cities, as well as the expansion of its Colombo store in Lisbon.
The first store to open under this plan was Primark Montijo, followed by Guimarães, with two more stores – in Viseu and Covilhã – scheduled to open next year.
Eurofound (2025), Primark Portugal, Business expansion in Portugal, factsheet number 202636, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202636.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
