Engrotus

Type
Business expansion
Country
Slovenia
Region
Slovenija; Osrednjeslovenska;
Location of affected unit(s)
Sector
300 jobs
Number of planned job creations
Job creation
Announcement Date
19 September 2005
Employment effect (start)
Foreseen end date

Description

Engrotus is planning to set up a new retail and entertaining centre in Domzale, a mid-size town in central Slovenia. 300 new jobs will be created.

Engrotus remains the fastest growing retailer in the country, with nearly 100% growth in the last two years. Its market share grew from additional 5% in 2005 to today's 18%. 2004's profit margin was 3.6%. The company's focus is in most major ex- Yugoslav markets.

Sources

Citation

Eurofound (2005), Engrotus, Business expansion in Slovenia, factsheet number 62250, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62250.