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.
Skövde, Kalmar, Malmö, Stockholm Barkaby och Stockholm Forum Nacka
Sector
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
600 jobs Number of planned job creations
Announcement Date
22 January 2008
Employment effect (start)
30 June 2008
Foreseen end date
31 December 2008
Description
German Media Markt, Europe's largest retailer of consumer electronics with numerous branches throughout Europe is planning to open seven new department stores in Sweden. This expansion constitutes an important part of the plan of Media Markt to become the leading retailer of consumer electronics in the country. Exact dates on the openings have not yet been set. Every new store is expected to increase the size of the company by 80 new employees creating a total of 600 new jobs. At the end of 2008 Media Markt will have a total of 13 stores in Sweden. The locations of the new stores will be geographically scattered across Sweden.
Sources
23 January 2008: Dagens Industri
Citation
Eurofound (2008), Media Markt, Business expansion in Sweden, factsheet number 66293, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66293.
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