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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
173 jobs Number of planned job creations
Announcement Date
10 October 2012
Employment effect (start)
1 March 2012
Foreseen end date
30 November 2012
Description
Maxima Latvia, a chain of retail stores, has created 173 new jobs through the investment in modernized outlets.
It is reported that the project included the installation of new or enlarged showcases, cooling equipment and stands. Five new jobs were created in every shop where new equipment was installed, and two new jobs were created in every shop where the existing equipment was improved.
The project started in the first half of 2012 and is expected to be completed in November.
Sources
10 October 2012: db.lv
Citation
Eurofound (2012), Maxima Latvia, Business expansion in Latvia, factsheet number 74504, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74504.
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