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.
The Inter IKEA Group, which connects IKEA franchisees with products development and suppliers, has decided to invest in Greece and the investment is expected to create 100 permanent jobs. In collaboration with the FOURLIS Group, INTER IKEA will establish a global product distribution center covering 50,000 square meters in Aspropyrgos, Attica. This center will be supplied through the port of Piraeus and will serve the East Mediterranean markets. Initially, it will cover the needs of IKEA stores in Greece, Bulgaria, Jordan, Israel, and Cyprus and later on to other regions, such as Egypt.
The new jobs will include between other highly specialized positions in data processing, data analysis, logistics, and artificial intelligence. Construction of the distribution center is set to begin in 2024, and the center is expected to be operational from mid-2025.
Eurofound (2024), Inter IKEA, Business expansion in Greece, factsheet number 200748, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200748.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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