Type
Closure
Country
Latvia
Region
Location of affected unit(s)
NA
Sector
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

220 jobs
Number of planned job losses
Job loss
Announcement Date
8 October 2009
Employment effect (start)
1 November 2009
Foreseen end date

Description

Estonian supermarket chain operator A-Selver will lay off 220 employees with the planned discontinuation of its operations in Latvia. The company opened 6 locations in Estonia in 2008. Council chairman Andres Järving said, "Selver decided to expand in Latvia at a time when the depth of the crisis that has taken place by now could not be predicted by anyone."


Sources

  • 8 October 2009: The Baltic Course

Citation

Eurofound (2009), A-Selver, Closure in Latvia, factsheet number 69678, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69678.