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.
Sellpy, a Swedish company that offers services for selling and buying second-hand clothes, founded about a decade ago, will open a warehouse this year in Arad, in Industra Park. By the end of the second quarter of 2025 the company will hire 300 people.
Sellpy is controlled by the Swedish group H&M, which entered the local market in 2011 with its main brand and will later bring COS, a brand positioned in a higher price segment, to Romania.
The platform hosts second-hand clothes, but also other products that can be resold. In more than ten years of activity, Sellpy has expanded into 24 markets in Europe, and in eight of them there are both buying and selling opportunities through the platform, as in Sweden, Germany, Austria, the Netherlands, Belgium, Denmark, Finland, France, Germany, Austria, the Netherlands and Belgium.
Eurofound (2025), Sellpy, Business expansion in Romania, factsheet number 202176, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202176.