Type
Business expansion
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucharest, Bucharest region
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Food, Beverages And Tobacco In Specialised Stores
47.29 - Other retail sale of food in specialised stores

300 jobs
Number of planned job creations
Job creation
Announcement Date
4 May 2012
Employment effect (start)
4 May 2012
Foreseen end date
31 December 2012

Description

A French retail chain Auchan is to open a new store in Bucharest, which will create 300 new jobs by the end of 2012.

The store will be located in Bucharest, in the Giulesti area. The decision to open a new site was based on Auchan's positive financial results in 2011. Besides the supermarket, Auchan will also open a shopping gallery with space for numerous retailers.


Sources

  • 7 May 2012: Ziarul Financiar

Citation

Eurofound (2012), Auchan Romania, Business expansion in Romania, factsheet number 73630, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73630.