Restructuring events
European Restructuring Monitor (ERM)
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.
In February 2008, MAXIMA Eesti, a retailer of food, beverages and tobacco, opened a new supermarket in Narva creating about 160 jobs. The company announced that by the end of the year the total number of employees may reach 3724 as a result of opening 15-20 new stores. Its long term intention is to own 100-120 stores by 2011. By January 2008, the company was already employing 2124 people all over Estonia. Previously in March 2007, this subsidiary of the Lithuanian retail operator MAXIMA LT, opened a new supermarket in Tartu with 150 new employees and at that time announced it was planning to open ten smaller shops before the end of 2007. At that stage MAXIMA Eesti was already employing about 1300 people in its stores all over Estonia
Eurofound (2007), Maxima Eesti, Business expansion in Estonia, factsheet number 65065, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65065.