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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Food, Beverages And Tobacco In Specialised Stores 47.21 - Retail sale of fruit and vegetables in specialised stores
244 jobs Number of planned job creations
Announcement Date
27 June 2016
Employment effect (start)
Foreseen end date
Description
The British company Flying Trade Group a global business group with significant operations across several key sectors, including the food, hotel, leisure and construction industries is to receive a state aid of  EUR 1,5 million to open a factory in Bihor by the end of 2016.
The British company applied for state aid through a Romanian subsidiary Salaam Foods. The company will hire 244 workers for the new plant.
Flying Trade Group employs more than 1,000 people around the world, operating in over 30 countries. Established in 1998, the group has quickly evolved into one of the UK's leading business groups.
Sources
27 June 2016: Ziarul Financiar
4 July 2016: Ziarul Financiar
Citation
Eurofound (2016), Salaam Foods, Business expansion in Romania, factsheet number 88073, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88073.
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