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 Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail trade, except of motor vehicles and motorcycles
220 jobs Number of planned job creations
Announcement Date
7 November 2003
Employment effect (start)
Foreseen end date
Description
More than 200 jobs will be created by Irish DIY chain Atlantic Homecare as part of the company's €10m expansion plan, which will involve the opening of new stores by the end of 2004. The additional stores will bring to 16 the number of Atlantic Homecare stores in Ireland and will see its workforce increase to around 700.
The company is wholly Irish-owned, and is a cornerstone of the Heiton Group. The expansion has been attributed to the rise in home ownership.
Sources
7 November 2003: The Irish Times
7 November 2003: The Irish Independent
Citation
Eurofound (2003), Atlantic Homecare, Business expansion in Ireland, factsheet number 59302, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59302.
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