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.
Primark, an Irish fashion retailer, announced the opening of its sixth Romanian store in Shopping City Sibiu, creating more than 100 new local jobs in Sibiu (Sibiu County). The company’s expansion reflects a strong growth strategy within Central and Eastern Europe.
The move is driven by a desire to deepen market presence after openings in Craiova, Bucharest, Timisoara, Cluj-Napoca and Iasi. Primark also highlighted its commitment to sustainability, noting that 74% of its garments are made from recycled or sustainable materials, with a target of 100% by 2030.
As part of the broader rollout, further stores are planned for Iasi, Bacau and Bucharest by the end of 2026, signaling an ongoing expansion strategy.
Eurofound (2026), Primark, Business expansion in Romania, factsheet number 300865, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300865.
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