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 47.1 - Non-specialised retail sale 47.11 - Non-specialised retail sale of predominately food, beverages or tobacco
1,000 jobs Number of planned job creations
Announcement Date
2 November 2014
Employment effect (start)
1 January 2015
Foreseen end date
31 December 2015
Description
Alfa-Beta Vassilopoulos, one of the biggest Greek supermarket chains, is to invest in new stores and create 1,000 new jobs.
As reported, AB Vassilopoulos, announced plans to invest €100 million in 2015 on the creation of new stores, as well as on the renovation of the existing ones, all over Greece, with particular emphasis to Crete, Northern Greece, Thessalia and Chalkidiki.
AB Vassilopoulos, established in 1939 in Athens, currently has 306 stores with a total of 11,408 employees; investments from 2011 to 2013 reached almost €350 million.
Sources
2 November 2014: To Vima
Citation
Eurofound (2014), Alfa-Beta Vassilopoulos, Business expansion in Greece, factsheet number 77680, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77680.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...