Yvoni Stores S.A.

Type
Closure
Country
Greece
Region
Attiki; Attiki;
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.7 - Retail sale of other goods, except motor vehicles and motorcycles
47.75 - Retail sale of cosmetic and toilet articles
120 jobs
Number of planned job losses
Job loss
Announcement Date
17 May 2003
Employment effect (start)
Foreseen end date

Description

Yvoni Stores S.A. will stop all economic activities. They claim that the company was operating a loss, mainly due to the intensive competition in retail of cosmetic and toilet articles, but also due to some cash flow problems.

Sources

  • 17 May 2003: Naftemboriki
  • 27 May 2003: Federation of Greek Private Employees (OIYE)

Citation

Eurofound (2003), Yvoni Stores S.A., Closure in Greece, factsheet number 59648, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59648.