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
258 jobs Number of planned job creations
Announcement Date
16 May 2011
Employment effect (start)
16 May 2011
Foreseen end date
31 December 2011
Description
Retail chain Maxima Latvija plans to open five stores across the country and create 258 jobs. The new stores will be located in Liepaja, Tukums and Ventspils, and Riga. The planned investment could reach EUR 13 million. Maxima Latvija now operates 131 store all over Latvia. Maxima Latvia is subsidiary to Lithuanian company Maxima Grupe, a retail chain operating in Lithuania, Latvia, Estonia, and Bulgaria.
Sources
16 May 2011: telegraf.lv
16 May 2011: Maxima Latvia web site
Citation
Eurofound (2011), Maxima Latvija, Business expansion in Latvia, factsheet number 72186, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72186.
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