Restructuring events
European Restructuring Monitor (ERM)
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 distributor, Makro, which specialises in the hotel and catering industry, is going to open three new outlets in Spain (Sevilla, Elche and Madrid). According to the company, this business expansion will lead to the creation of 350 jobs directly by Makro and 984 at auxiliary enterprises.
A timeline for the expansion was not announced yet.
Makro is a chain of cash-and-carry warehouses and belongs to the German-based retail company Metro.
Eurofound (2012), Makro, Business expansion in Spain, factsheet number 73349, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73349.