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 Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Household Goods 46.45 - Wholesale of perfume and cosmetics
125 jobs Number of planned job creations
Announcement Date
27 April 2017
Employment effect (start)
Foreseen end date
31 December 2017
Description
Czech cosmetics and perfumes online retailer Notino (formerly Parfums.cz) is to create between 100 and 150 new jobs in 2017 when expanding its business activity across Europe (especially in Germany) and opening new stone shops in the Czech Republic. The company expects its revenues to reach CZK 7.40bn (EUR 274.69mn) and intends to invest some CZK 200mn (EUR 7.471mn). Notino plans large investment into modernisation of its IT system, having opened a new R&D centre in Ostrava and new offices in Prague. Within five years, the company would like to have fifty stores in the countries where it operates.
Sources
27 April 2017: Hospodárske noviny
Citation
Eurofound (2017), Notino, Business expansion in Czechia, factsheet number 90827, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90827.
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