Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
NA
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.73 - Dispensing chemist in specialised stores

400 jobs
Number of planned job creations
Job creation
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78662.