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
3,700 jobs Number of planned job creations
Announcement Date
3 September 2008
Employment effect (start)
Foreseen end date
31 December 2009
Description
Kaufland Romania, hypermarket operator, part of German group Schwarz, present in Romania since 2005, may increase the number of its employees by 10,000 on the local market, by the end of 2009. At present, the company has 6,000 employees. The plan is to hire 700 persons in the course of 2008 and 3,000 persons in 2009. In 2007 the sales totalled 641.6 million euros, as compared to 232 million euros in 2006.
Sources
4 September 2008: Ziarul Financiar
Citation
Eurofound (2008), Kaufland, Business expansion in Romania, factsheet number 67072, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67072.
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