Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
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

660 jobs
Number of planned job creations
Job creation
Announcement Date
13 September 2008
Employment effect (start)
Foreseen end date
31 December 2009

Description

BauMax, an Austrian chain of retail stores for construction materials and household goods, has announced the opening of six new stores in 2009, resulting in the creation of approximately 660 new jobs (on average a domestic BauMax store hire 110 people). The investment is worth about EUR 60 million. The company has approximately 900 employees in Romania.


Sources

  • 15 September 2008: Ziarul Financiar

Citation

Eurofound (2008), BauMax, Business expansion in Romania, factsheet number 67133, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67133.