Restructuring events
European Restructuring Monitor (ERM)
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.
Penny Market - a Germany-based discount supermarket chain - has laid the cornerstone of its third logistics base in Hungary. The logistics base will be built in Veszprém and it will supply approximately 60 Penny Market stores in the region. The HUF 7.7 billion investment ( cca. 25 million EURO) will create 130 new jobs. The company employs 3,730 people in Hungary and opened 270 stores in Hungary during 2016.
Eurofound (2016), Penny Market, Business expansion in Hungary, factsheet number 89415, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89415.