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.
Spain, other countries in Southern Europe and Latin America
Sector
Hotel / Restaurants Accommodation And Food Service Activities Food And Beverage Service Activities 56.1 - Restaurants and mobile food service activities
750 jobs Number of planned job creations
Announcement Date
12 December 2011
Employment effect (start)
1 January 2012
Foreseen end date
31 December 2012
Description
In 2012, the Comess Group, a multinational franchise company, will expand its number of restaurants by 60, creating 750 jobs. Most of the new restaurants (45) will be based in its home market Spain. For the location of the other 15 restaurants, the Spanish restaurant operator will target Latin America as a new market.
Comess Group franchises restaurants under five brand names, Lizarrán and Cantina Mariachi being the most prominent. In Spain, the company maintains 250 restaurants. The company expands both outside Europe and into Southern Europe, with branches in Portugal, Italy and France.
Sources
12 December 2011: Comess Group
6 February 2012: Europapress.es
Citation
Eurofound (2011), Comess Group, Business expansion in World, factsheet number 73211, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73211.
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