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 / Retail 47 - Retail trade 47.2 - Retail sale of food, beverages and tobacco 47.2 - Retail sale of food, beverages and tobacco
2,000 jobs Number of planned job creations
Announcement Date
18 December 2013
Employment effect (start)
Foreseen end date
31 December 2018
Description
Frozen food retail chain Iceland plans to create over 2,000 jobs within 5 years.
This is part of a large investment plan of CZK 1bn (EUR 36.25mn USD 49.57mn) that is to lead to the opening of dozens of new stores in the country.
Iceland group is based in the UK, operating three locations in the Czech Republic as to date.
Sources
18 December 2013: E15
Citation
Eurofound (2013), Iceland, Business expansion in Czechia, factsheet number 76372, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76372.