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
105 jobs Number of planned job losses
Announcement Date
5 March 2015
Employment effect (start)
16 March 2015
Foreseen end date
Description
Succes Nic COM company, which owns the supermarket chain Success, announced the dismissal of 105 employees, as of 16 March 2015. The main locations affected are in Gorj and Argeş.
The company, which is the largest food retail chain with Romanian capital, filed for insolvency earlier this year. So far, there seems to be no solution to its financial problems. As of March 2015, there is no information on when the job cuts will be implemented by.
Sources
12 January 2015: Wall Street Romania
12 January 2015: Ziarul Financiar
27 January 2015: Ziarul Financiar
5 March 2015: GDS
Citation
Eurofound (2015), Succes Nic Com, Internal restructuring in Romania, factsheet number 78305, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78305.
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