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.
Wholesale / Retail 47 - Retail trade 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.7 - Retail sale of other goods, except motor vehicles and motorcycles
400 jobs Number of planned job creations
Announcement Date
11 July 2008
Employment effect (start)
Foreseen end date
31 December 2008
Description
Centrofarm group, pharmaceutical products retailer, announced that until the end of 2008 will open new 20 stores, in addition to the existing 46 in Romania.
As result, the number of employees in Romania will increase from 400 in present to 800.
In the first six months of 2008, Centrofarm reported a turnover of EUR 13.6 million, an increase with 76% as comparing with the same period in the last year.
Sources
15 July 2008: Ziarul Financiar
14 July 2008: Ziarul Financiar
Citation
Eurofound (2008), Centrofarm Romania, Business expansion in Romania, factsheet number 66897, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66897.