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.
Wholesale / Retail Retail trade Non-specialised retail sale 47.11 - Non-specialised retail sale of predominately food, beverages or tobacco
1,300 jobs Number of planned job creations
Announcement Date
8 November 2012
Employment effect (start)
7 November 2012
Foreseen end date
30 June 2013
Description
The French-Belgian retail chain Cora announced the intention to create 1,300 new jobs in three new hypermarkets, of which 300 will be created in Bacau and 500 in Bucharest in November, and another 500 in June 2013 in Constanta. The job creation is a result of an investment of 159 million euros and the inauguration of 3 new supermarkets.
Sources
28 November 2012: Ziarul Financiar
8 November 2012: Ziarul Financiar
9 November 2012: Ziarul Financiar
Citation
Eurofound (2012), Cora, Business expansion in Romania, factsheet number 74620, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74620.
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