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 In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
300 jobs Number of planned job creations
Announcement Date
7 April 2008
Employment effect (start)
31 July 2008
Foreseen end date
Description
Irish-owned convenience store group ADM Londis has agreed a deal to place 20 of its outlets at Texaco service stations. In a statement, Londis said the agreement would see turnover rise by an estimated €50 million and would lead to the creation of 300 new jobs. ADM Londis will invest €25 million in these new store developments.
It is understood that ten of the new stores will be opened at existing garages in the provinces of Munster and Connaught later in 2008, with the first two scheduled to open by this July, 2008. The remaining stores will open in 2009. ADM Londis has 370 outlets in Ireland (80 of which are on garage forecourts), and employs a total of 7,000 employees.
Sources
8 April 2008: The Irish Times
Citation
Eurofound (2008), ADM Londis, Business expansion in Ireland, factsheet number 66484, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66484.
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