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.
The German bricolage retailer Hornbach announced the intention to hire 120 employees with the opening of a new store in Timisoara this summer. The new location is the result of an investment worth 30 million euro.
Hornbach operates in Romania with three stores in Bucharest and one in Brasov.
Eurofound (2012), Hornbach Romania, Business expansion in Romania, factsheet number 73791, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73791.