Type
Business expansion
Country
Romania
Region
Vest; Timis;
Location of affected unit(s)
Timişoara County, West Region.
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
20 March 2006
Employment effect (start)
13 March 2006
Foreseen end date
13 March 2006

Description

In March 2006, the company Real-Hypermarket, which is the hypermarket division of the German group Metro, opened its first store on the local market in Timişoara, following an investment worth EUR 15 million. Real-Hypermarket has 328 hypermarkets of which 288 are located in Germany and 40 abroad. The number of employees of the company worldwide is approximately 50,000.


Sources

  • 30 May 2006: Ziarul Financiar
  • 24 March 2006: Economistul

Citation

Eurofound (2006), Metro Romania, Business expansion in Romania, factsheet number 63196, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63196.