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.
Manufacturing Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31.02 - Manufacture of kitchen furniture
30 jobs Number of planned job creations
Announcement Date
2 April 2019
Employment effect (start)
2 April 2019
Foreseen end date
31 May 2019
Description
The Danish producer of kitchens, TCM Group, will hire 30 new employees during spring 2019 due to more orders, especially regarding the Svane Kitchen, the manager said to the local paper 'Dagbladet Holstebro-Struer'. This is an expandion which represents more than 10% of current staff. TCM also expanded its workforce last year, so that today there are 278 employees in production and 90 salaried employees at the headquarters in Tvis. According to the CEO, TCM Group expects a net turnover between 960 – 1,000 million DKK in 2019 (€128 – 133 million) corresponding to an expected organic growth of 7 – 11%.
Eurofound (2019), TCM Group, Business expansion in Denmark, factsheet number 98068, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98068.
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