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
350 jobs Number of planned job creations
Announcement Date
29 May 2007
Employment effect (start)
30 May 2007
Foreseen end date
Description
The 16th hypermarket Selgros Cash & Carry in Romania, result of an investment of EUR 16 million, was opened in Galati (South-East Region). This new location generated 350 new jobs.
Executive Director of Selgros Romania stated that the company invested until now in Romania EUR 250 million. In 2006, the turnover of Selgros Romania was of EUR 600 million and the number of employees 5,300.
Sources
30 May 2007: Economistul
Citation
Eurofound (2007), Selgros Romania, Business expansion in Romania, factsheet number 65425, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65425.
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