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 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.73 - Retail sale of pharmaceutical products
400 jobs Number of planned job creations
Announcement Date
3 February 2015
Employment effect (start)
3 February 2015
Foreseen end date
31 December 2015
Description
Romanian pharmaceutical company Siepcofar, which operates the Dona pharmacy chain, is to increase the number of its employees by 400 people in 2015. In 2014 the company saw a growth in turnover and a profit of 6 million EUR.
In 2015, the company will invest nearly 6 million EUR, of which 2 million in pharmacies, 3 million euros in brand building campaigns and about 750,000 euros for training its employees. Its network will reach 320-350 units from the existing 275 pharmacies.
Sources
3 February 2015: Ziarul Financiar
20 January 2015: Wall Street Romania
29 January 2015: Ziarul Financiar
Citation
Eurofound (2015), Siepcofar, Business expansion in Romania, factsheet number 78662, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78662.