Type
Business expansion
Country
Czechia
Region
Praha;
Location of affected unit(s)
Prague
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.51 - Retail sale of textiles in specialised stores

600 jobs
Number of planned job creations
Job creation
Announcement Date
20 June 2006
Employment effect (start)
Foreseen end date
1 November 2007

Description

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.


Sources

  • 20 June 2006: Hospodárske noviny

Citation

Eurofound (2006), Ponte Carlo GDO, Business expansion in Czechia, factsheet number 63656, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63656.