Type
Business expansion
Country
Slovenia
Region
Slovenija; Osrednjeslovenska;
Location of affected unit(s)
NA
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.1 - Retail sale in non-specialised stores

300 jobs
Number of planned job creations
Job creation
Announcement Date
19 September 2005
Employment effect (start)
Foreseen end date

Description

Engrotus is planning to set up a new retail and entertaining centre in Domzale, a mid-size town in central Slovenia. 300 new jobs will be created.

Engrotus remains the fastest growing retailer in the country, with nearly 100% growth in the last two years. Its market share grew from additional 5% in 2005 to today's 18%. 2004's profit margin was 3.6%. The company's focus is in most major ex- Yugoslav markets.


Sources

Citation

Eurofound (2005), Engrotus, Business expansion in Slovenia, factsheet number 62250, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62250.