Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
Bacau, Constanta and Bucharest
Sector
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

1,300 jobs
Number of planned job creations
Job creation
Announcement Date
8 November 2012
Employment effect (start)
7 November 2012
Foreseen end date
30 June 2013

Description

The French-Belgian retail chain Cora announced the intention to create 1,300 new jobs in three new hypermarkets, of which 300 will be created in Bacau and 500 in Bucharest in November, and another 500 in June 2013 in Constanta. The job creation is a result of an investment of 159 million euros and the inauguration of 3 new supermarkets.


Sources

  • 28 November 2012: Ziarul Financiar
  • 8 November 2012: Ziarul Financiar
  • 9 November 2012: Ziarul Financiar

Citation

Eurofound (2012), Cora, Business expansion in Romania, factsheet number 74620, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74620.