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.
In autumn 2006, Romania Hypermarche shall finalise in autumn the construction of its third hypermarket Cora in Cluj, whill will be the first outside Bucharest. The total investment value will amount to EUR 166 millions. The third commercial complex increases the staff by 600 employees additional to the current 2,000 employees of the company.
Retail companies from Romania have stated that by the end of the year they will employ approximately 6,000 people due to territorial expansion and the opening of new stores. The number of new jobs announced that will be created by every company are: 2,000 by Real-Hypermarket (Metro Group); 1,300 by Carrefour Romania (Carrefour Group); 1,000 by MGV Distri-Hiper (Auchan operator on the Romanian market); 600 by Romania Hypermarche; 700 by Plus Discount.
Eurofound (2006), Romania Hypermarche, Business expansion in Romania, factsheet number 63597, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63597.
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