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 47 - Retail trade 47.5 - Retail sale of other household equipment 47.5 - Retail sale of other household equipment
1,100 jobs Number of planned job creations
Announcement Date
14 March 2005
Employment effect (start)
1 January 2005
Foreseen end date
31 December 2005
Description
Austrian furniture retailer Lutz-Gruppe is expanding its activities in Germany. After succesful market entry in Southern Germany it will open 4 Möbel Neubert stores in Berlin. 1,100 jobs will be created in the process.
Sources
9 July 2005: Frankfurter Allgemeine Zeitung
15 March 2005: Die Welt
Citation
Eurofound (2005), Möbel Neubert, Business expansion in Germany, factsheet number 61996, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61996.