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 Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail trade, except of motor vehicles and motorcycles
130 jobs Number of planned job creations
Announcement Date
6 April 2007
Employment effect (start)
1 October 2007
Foreseen end date
Description
Austrian DIY chain Bauhaus is to open an outlet in Dunakeszi, Central Hungary, later this autumn. The company plans to open 20 facilities in the country over the next few years, out of which the one in Dunakeszi is the first. The value of the investment is EUR 16 million. As many as 120,000 products are to be sold at the 20,000 square metre Dunakeszi outlet, the opening of which is expected for October. The store is expected to employ 130 people.
Sources
6 April 2007: Budapest Business Journal
Citation
Eurofound (2007), Bauhaus, Business expansion in Hungary, factsheet number 65677, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65677.
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