Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
Romania
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.7 - Retail sale of other goods in specialised stores

400 jobs
Number of planned job creations
Job creation
Announcement Date
11 July 2008
Employment effect (start)
Foreseen end date
31 December 2008

Description

Centrofarm group, pharmaceutical products retailer, announced that until the end of 2008 will open new 20 stores, in addition to the existing 46 in Romania.

As result, the number of employees in Romania will increase from 400 in present to 800.

In the first six months of 2008, Centrofarm reported a turnover of EUR 13.6 million, an increase with 76% as comparing with the same period in the last year.


Sources

  • 15 July 2008: Ziarul Financiar
  • 14 July 2008: Ziarul Financiar

Citation

Eurofound (2008), Centrofarm Romania, Business expansion in Romania, factsheet number 66897, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66897.