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
650 jobs Number of planned job creations
Announcement Date
10 October 2014
Employment effect (start)
10 October 2014
Foreseen end date
31 December 2014
Description
German retailer Kaufland is to open three new stores in Bucharest and create 650 jobs by the end of the year.
Kaufland Romania is one of the main private employers, with a national retail network of 94 stores. As reported, it has positive financial results which indicate a 14% growth in 2014.
Sources
10 October 2014: Ziarul Financiar
Citation
Eurofound (2014), Kaufland Romania, Business expansion in Romania, factsheet number 77707, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77707.