Restructuring events
European Restructuring Monitor (ERM)
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.
Hornbach, a German construction and gardening retailer has started the recruitment process for opening its eighth the store in Cluj-Napoca (Cluj County). The store will employ 120 people by the end pf 2021. The new positions are for department managers, commercial workers, cargo reception workers, drivers and cashiers. In 2019, the company employed a workforce of 723.
Currently, the company owns 161 shops in nine European countries (Germany, Austria, the Netherlands, the Czech Republic, Luxembourg, Switzerland, Sweden, Slovakia and Romania), including seven in Romania (three in Bucharest, Brasov, Timisoara, Sibiu and Oradea). It has a total workforce of 21,000.
Eurofound (2021), Hornbach, Business expansion in Romania, factsheet number 104766, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104766.