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.
The Prague-based real estate company Ponte Carlo GDO is to build a new shopping centre called Outlet Airport Praha. The construction of the largest factory outlet in the Czech Republic, located just two kilometres from Prague Ruzyně Airport, is scheduled to be launched in July 2006. The company plans to have 160 shops within the mall's 48,000 square meters. The outlet centre which should be open in November 2007 will sell luxury brands clothes with a 30-70 percent discount and provide jobs to 600 people.
Eurofound (2006), Ponte Carlo GDO, Business expansion in Czechia, factsheet number 63656, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63656.