JOM Group Strengthens Industrial Capacity, Real Estate, and Commercial Network in 2026Photo by Altamart on Pexels
Business
Инвестиции
Braga

JOM Group Strengthens Industrial Capacity, Real Estate, and Commercial Network in 2026

Jornal Económico1 September 2026 at 14:07

The JOM Group is executing, in 2026, one of the largest investment cycles in its history, three decades after the opening of the first store in 1996. The strategy prioritizes strengthening industrial capacity, valuing the real estate portfolio, and modernizing the commercial network, maintaining a long-term vision according to Clávio Cristo, the company's marketing director.

In the industrial area, the main ongoing project is the expansion of Polo I in Guimarães, with an investment of approximately 2 million euros that will add approximately 2,000 m² to the current area of 15,000 m² and increase production capacity by approximately 20%, which already exceeds 70,000 pieces of furniture per year. The unit is being modernized with new equipment, installation of photovoltaic panels, use of certified materials, and reuse of waste from the production process. In-house production currently represents more than 40% of the furniture marketed by the group, while more than 80% of sales correspond to products manufactured in Portugal. At Polo II, the German brand Birkenstock installed a structure dedicated to the development of new products.

In real estate, the group transformed several assets into commercial spaces, creating Corroios Retail Park and Batalha Retail Park, having also developed projects in Portimão, Bragança, and Penafiel. For the second half of the year, new projects are planned in Maia, Castelo Branco, and Chaves, while the portfolio also includes Alentejo Retail Park in Beja and a project in Eiras, Coimbra. In the residential segment, the group has 251 apartments between completed and ongoing projects.

The modernization of the commercial network included the renovation of six stores in 2026, with interventions in updating spaces, product display, and shopping experience. In the digital channel, e-commerce registered growth of more than 22% between January and June 2026 compared to the same period last year. The JOM Group currently operates with 28 stores from North to South of the country, approximately 500 employees, and its own digital platform, being a 100% Portuguese brand specialized in furniture, decoration, and home articles retail.

Related articles

Business

Wall Street falls with pressure from rising sovereign interest rates

Wall Street opened lower on Tuesday, dragged down by intensifying global sovereign bond selling amid fears of persistent inflation. The Dow Jones fell 0.49%, the S&P 500 dropped 0.68% and the Nasdaq lost 1.34%, a move that BCP analysts attribute to the prospect of further interest rate hikes by major central banks. US ten-year debt yields reached 4.78%, the highest level since January, while the thirty-year yield hit 5.27%. Sovereign rates also rose to multi-decade highs in Japan, Germany and the United Kingdom. Brent crude advanced 2.22% to $92.5, driven by Middle East tensions, further fueling expectations of restrictive monetary policy.

Jornal Económico01/09/26, 14:49
Inflação determina possível aumento de 2,5% nas rendas para o próximo ano
Business

Inflation determines possible 2.5% rent increase for next year

Inflation may determine a 2.5% rent increase from January, reflecting current economic pressure on housing costs. Over the past five years, prices have accumulated an increase exceeding 15%, showing a sustained growth trend. Additionally, new lease contracts will see an even more significant increase, worsening the financial burden for new tenants.

SIC Notícias01/09/26, 14:39
Portugueses aumentam dormidas no país em 4%, contrariando previsões dos hoteleiros
Business

Portuguese increase overnight stays in the country by 4%, contradicting hoteliers' predictions

In July, Portuguese people increased their overnight stays within the country by more than 4%, a growth that contradicted hotel sector predictions and that compensated for the slowdown in foreign tourism, thus boosting one of the main engines of the national economy.

SIC Notícias01/09/26, 14:37
Business

Germany: death of the richest man creates one of Europe's largest foundations

Klaus-Michael Kühne, Germany's richest man, died at 87 in a Swiss canton where he resided to avoid inheritance taxes. Without children, his 42.2 billion euros were transferred tax-free to a charitable foundation, making it one of the richest in Europe. His fortune came mainly from the logistics company Kühne + Nagel, from his stake in the container company Hapag-Lloyd, and from investments in real estate and ships.

Euronews Portugal01/09/26, 14:34