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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.52 - Retail sale of hardware, paints and glass in specialised stores
120 jobs Number of planned job creations
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.
Eurofound (2020), Hornbach Romania, Business expansion in Romania, factsheet number 101961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101961.
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