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.
Wholesale / Retail Retail trade Retail sale of other goods, except motor vehicles and motorcycles 47.71 - Retail sale of clothing
290 jobs Number of planned job creations
Announcement Date
17 November 2022
Employment effect (start)
17 November 2022
Foreseen end date
31 December 2022
Description
The Irish fashion retailer, Primark, is entering the Romanian market with an announcement for opening two new stores in Bucharest, where it will create 290 new jobs. The new jobs will include part-time and full-time positions for visual merchandising staff, commercial workers, sales advisors, HR Assistant, team manager and deputy store manager. The opening of the store in ParkLake Shopping Centre is scheduled for 15 December 2022, and the opening of the Afi Cotroceni store is expected at the beginning of 2023.
Central-Eastern Europe is an important growth market for Primark. The company has a store in Slovenia, stores in Czechia and stores in Poland, with plans to open a store in the Slovakian capital of Bratislava, bringing the total CEE store footprint to 12 stores across five markets.
Eurofound (2022), Primark, Business expansion in Romania, factsheet number 107830, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107830.
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.
