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 Of Other Household Equipment In Specialised Stores 47.5 - Retail sale of other household equipment in specialised stores
1,500 jobs Number of planned job creations
Announcement Date
2 June 2008
Employment effect (start)
1 July 2008
Foreseen end date
30 September 2009
Description
1500 new jobs positions are to be created in Fourlis Holdings S.A., one of the leading groups of companies in Greece and the Balkans in providing quality consumer goods and services. The Group announced on 2 June 2008 its intention to invest 80 million euros for building and operating a shopping mall in Ioannina, Epirus. The construction work, according to the source, will start on July 2008 and due to be completed by September 2009.
Fourlis Holdings S.A., consists of 10 companies with 1496 employees, specialising in Retail Home Furnishings through the franchise of IKEA stores in Greece and Cyprus, Retail Sporting Goods through the franchise of INTERSPORT stores in Greece, Cyprus, Romania and Bulgaria and Wholesale of Electric and Electronic appliances through the representation of brand names like Samsung, General Electric, Ariston, Liebherr and Korting.
Sources
2 June 2008: Imerisia
Citation
Eurofound (2008), Fourlis S.A., Business expansion in Greece, factsheet number 66684, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66684.
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