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 Food, Beverages And Tobacco In Specialised Stores 47.2 - Retail sale of food, beverages and tobacco in specialised stores
400 jobs Number of planned job creations
Announcement Date
26 January 2021
Employment effect (start)
26 January 2021
Foreseen end date
31 December 2021
Description
The Penny chain of supermarkets, owned by the German Group Rewe, announced the creation of 400 new permanent jobs by the end of 2021.
One hundred new jobs will be created at a new logistics centre in Filiiasi, Southern Romania, while the remaining 300 new jobs in 25 new stores across the country. In response to the pandemic, the company is also upgrading its stores and investing in digital solutions (automation of stores and communication with clients).
As of 2021, Penny Market operates 280 stores in Romania and employs 5,000 workers. In 2019, Rewe Group had a workforce over 363,000.
26 January 2021: Ziarul Financiar (short version of the article) (www.zf.ro)
Citation
Eurofound (2021), Penny, Business expansion in Romania, factsheet number 103385, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103385.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
