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 ninth store in Constanta (Constanta County). The store will employ 110 people by the end of 2022. The new positions are for department managers, commercial workers, cargo reception workers, drivers and cashiers. In 2021, the company employed a workforce of 1,000 in Romania.
Currently, the company owns 168 shops in nine European countries (Germany, Austria, the Netherlands, the Czech Republic, Luxembourg, Switzerland, Sweden, Slovakia and Romania), including eight in Romania (three in Bucharest, Brasov, Cluj, Timisoara, Sibiu and Oradea). It has a total workforce of 22,136.
Eurofound (2022), Hornbach, Business expansion in Romania, factsheet number 107447, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107447.