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.
Giurgiu, Târgu-Jiu and other locations throught Romania
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.59 - Retail sale of furniture, lighting equipment and other household articles in specialised stores
400 jobs Number of planned job creations
Announcement Date
7 July 2014
Employment effect (start)
7 July 2014
Foreseen end date
31 December 2014
Description
Praktiker Romania, a local DIY network remaining after the bankruptcy of the German group, is to create 400 jobs by the end of 2014. As reported, the company returns to profit and resumes expansion. The plan entails the opening of two new stores in Giurgiu and Târgu-Jiu in September and October 2014, and the creation of 400 jobs due to increased sales.
Sources
7 July 2014: Ziarul Financiar
Citation
Eurofound (2014), Praktiker Romania, Business expansion in Romania, factsheet number 77493, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77493.
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