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 47.1 - Non-specialised retail sale 47.1 - Non-specialised retail sale
220 jobs Number of planned job creations
Announcement Date
6 August 2005
Employment effect (start)
8 August 2005
Foreseen end date
31 December 2006
Description
The Danish chain of discount stores Netto has opened a logistics hub for its stores in East Germany. Operations have started with 90 employees, the number will rise to 220. The logistics centre will serve 200 Netto-stores.
Sources
6 August 2005: Berliner Morgenpost
Citation
Eurofound (2005), Netto, Business expansion in Germany, factsheet number 62075, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62075.