Type
Business expansion
Country
Romania
Region
Nord-Vest; Bihor;
Location of affected unit(s)
Oradea
Sector
Wholesale / Retail
Retail trade
Retail sale of other household equipment
47.52 - Retail sale of hardware, building materials, paints and glass

120 jobs
Number of planned job creations
Job creation
Announcement Date
24 September 2020
Employment effect (start)
24 September 2020
Foreseen end date
30 September 2020

Description

The German bricolage retailer Hornbach will open a new store in Oradea (Bihor County) by the end of September 2020 where it plans to hire 120 employees. The new location is financed through an investment of € 28.5 million.

Hornbach operates in Romania with three stores in Bucharest, one in Brasov, one in Timisoara and one in Sibiu.

In Europe, Hornbach owns 161 stores located in nine countries.


Sources

Citation

Eurofound (2020), Hornbach Romania, Business expansion in Romania, factsheet number 101961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101961.