EMCC European Monitoring Centre on Change

Hubside.Store Portugal

Company/Organisation:
Hubside.Store Portugal

Geographic Location

Country: Portugal
Region: Continente

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.42 - Retail sale of telecommunications equipment in specialised stores
Group: Hubside.Store

Employment Effects

Announcement Date: 07-09-2021
Type of Restructuring: Business expansion
Employment Effect Start: 10-09-2021
Foreseen End Date: 01-09-2022
Planned Job Creation: 300

Additional Information

Hubside.Store is to open 40 stores in Portugal specialized in the retail and rental of new and refurbished multimedia devices, which will create 300 permanent direct jobs gradually until September 2022. The main positions are store managers and salespersons specialized in multimedia products and services.

The company foresees to expand in Portugal through franchised stores and consolidate its presence in the Iberic market for the development of Hubside in Europe.

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