Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
Romania
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

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

Description

The electronics' retailer, Flamingo International, member of the group Flamingo, announced an investment in ten new stores, of approximately 10 million euro by the end of 2008. Each store will hire in average 30 employees, totalling approximately 400 new jobs, in addition to the 1,000 in place. In 2008, the company estimated sales if of over 210 million euros.


Sources

  • 2 September 2008: Ziarul Financiar

Citation

Eurofound (2008), Flamingo International, Business expansion in Romania, factsheet number 67073, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67073.