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 Of Food, Beverages And Tobacco In Specialised Stores 47.26 - Retail sale of tobacco products in specialised stores
1,000 jobs Number of planned job creations
Announcement Date
1 July 2019
Employment effect (start)
Foreseen end date
31 July 2022
Description
Vaping firm VPZ, based in Edinburgh, announced plans to create 1,000 new jobs across 200 new retail outlets. The company already has 125 stores across the country and this expansion is planned to expand its presence in Wales and the South East. The company has said that the increased demand for alternatives to traditional tobacco products will support these plans for new stores. The job positions are not limited to retail roles, but cover as well roles in the company's manufacturing and finance departments. It is expected that the process will take three years to complete.
Eurofound (2019), VPZ, Business expansion in United Kingdom, factsheet number 98197, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98197.
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