Lesnina

Type
Business expansion
Country
Croatia
Region
Hrvatska; Jadranska Hrvatska; Zadarska županija
Location of affected unit(s)
Zadar
Sector
Wholesale / Retail
47 - Retail trade
47.5 - Retail sale of other household equipment
47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods
120 jobs
Number of planned job creations
Job creation
Announcement Date
25 February 2014
Employment effect (start)
17 March 2014
Foreseen end date
31 March 2014

Description

Slovenian furniture retailer Lesnina, owned by Austria's XXXLutz, plans to open a new centre in the city of Zadar where 120 new jobs will be created, thus increasing its total workforce to 860 in 2014.

This business expansion marks 65 years of existence in the country. The company intends to retain its 30% market stake and currently holds a leading position.

About EUR 28 million will be invested in the new centre in Zadar. Lesnina opened its first retail centre in Zagreb, and now has other centres in cities Varaždinu, Čakovcu, Osijeku, Splitu i Rijeci.

Sources

  • 2 March 2014: Business.hr
  • 25 February 2014: Business.hr

Citation

Eurofound (2014), Lesnina, Business expansion in Croatia, factsheet number 76691, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76691.