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.
Real Estate Real Estate Activities Real Estate Activities 68 - Real estate activities
500 jobs Number of planned job creations
Announcement Date
12 June 2007
Employment effect (start)
Foreseen end date
31 December 2008
Description
Discovery Group plans to start the second stage of its investment in Nitra in order to extend the shopping and leisure centre in the city centre. The new investment amounting to 500 million SKK will start in September 2007 and will end in the end of 2008. Around 500 new jobs will be created there. According to the Discovery CEO, Mr. Jonathan Wilkinson, expansion is the key strategy of the company for keeping its dominant position in shopping business in the city. First stage of the investment in amount of 1 billion SKK has been was launched in April 2007 and it provides 450 new jobs.
Sources
12 June 2007: Hospodárske noviny
Citation
Eurofound (2007), Centro, Business expansion in Slovakia, factsheet number 65506, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65506.
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