The Spanish hypermarket chain will invest EUR 25 million in Portuguese territory.
the appointment was approved today at the monthly meeting of the leadership of the Spanish retail chain, owner of Acronym Mercadona and will allow, in a first phase, the installation of four supermarkets, which will open doors in 2019 and will create about 200 jobs.
The project involves the initial phase, an investment of 25 million euros. After the decision by the Portuguese authorities to establish the business project in the domestic market and explained the key to shared growth model, the group intends to initiate institutional contacts and field work, and begin to identify the most suitable locations for the first four openings in Portugal.
the choice of Portugal by the Mercadona, to start its international expansion plan, was determined by the fact that a nearby market, logistics proximity and that fits on organic growth and natural of the company.
the Mercadona is the leading business group in the food distribution sector in Spain that had family origin in 1977 and maintained a growth based on own management model, customer-oriented.
the Mercadona is a family owned company that in 1981 saw Juan Roig take its direction as an independent entity. Today, the president and his wife Hortensia Herrero, who is vice president of the company are the main shareholders with more than 80% of the capital.
In 2015, Mercadona has achieved a turnover of 20,831 million euros. Currently has 1,587 supermarkets and a workforce of 76,000 employees, all with fixed contracts who every day strive “to offer the utmost excellence in service,” according to the company’s values.
Mercadona of the principles is that the “success, if shared, you know better,” by sharing with its employees part of the total profit in each year, after serving the company’s goals.
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