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 Sale Of Other Household Equipment In Specialised Stores 47.51 - Retail sale of textiles in specialised stores
600 jobs Number of planned job creations
Announcement Date
20 June 2006
Employment effect (start)
Foreseen end date
1 November 2007
Description
The Prague-based real estate company Ponte Carlo GDO is to build a new shopping centre called Outlet Airport Praha. The construction of the largest factory outlet in the Czech Republic, located just two kilometres from Prague Ruzyně Airport, is scheduled to be launched in July 2006. The company plans to have 160 shops within the mall's 48,000 square meters. The outlet centre which should be open in November 2007 will sell luxury brands clothes with a 30-70 percent discount and provide jobs to 600 people.
Sources
20 June 2006: Hospodárske noviny
Citation
Eurofound (2006), Ponte Carlo GDO, Business expansion in Czechia, factsheet number 63656, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63656.
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