Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.75 - Retail sale of cosmetic and toilet articles in specialised stores

1,000 jobs
Number of planned job creations
Job creation
Announcement Date
6 January 2010
Employment effect (start)
Foreseen end date

Description

The drugstore chain Rossmann has announced its intention to invest EUR 90 million in 120 new German stores creating 1,000 new in 2010. Currently, Rossmann runs 1500 stores all over Germany. In 2009, turnover increased by 4.3%, according to the company. Rossmann has also stores in Poland, Hungary, Czech Republic and Albania. In spring 2010 new stores will be opend in Turkey.


Sources

  • 6 January 2010: Handelsblatt

Citation

Eurofound (2010), Rossmann, Business expansion in Germany, factsheet number 70057, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70057.