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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
500 jobs Number of planned job creations
Announcement Date
5 December 2005
Employment effect (start)
5 December 2005
Foreseen end date
Description
In the centre of Bucharest (BucureÅŸti region) a new Anador commercial centre has recently been inaugurated. The construction is actually the result of refitting the first horse-driven tram depot erected in Bucharest 100 years ago.
The centre has 3,200 square metres shopping galleries, which include a supermarket, fresh-market, chemistÂ’s, bookshop, as well as restaurants, coffee shops, clothing departments, etc. Furthermore, due to the unusual location, Anador will host book releases, theatre performances, and other special events.
'the building costs around €2.5 million and the centre will employ 400 to 500 people. We estimate an annual income of €1.5 million. I intend to extend Anador to other cities in Romania. For instance I am currently searching for a location to build a similar centre in Cluj (Cluj county, Nord-Vest region)' the company manager declared.
Sources
5 December 2005: Economistul
Citation
Eurofound (2005), Anador, Business expansion in Romania, factsheet number 62671, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62671.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
