Type
Business expansion
Country
Romania
Region
Nord-Vest; Bihor;
Location of affected unit(s)
Oradea
Sector
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
Job creation
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.