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.
Austrian furniture retailer XXXLutz will create between 150 and 200 new jobs in the upcoming year. The group will open two new stores, one under the trademark "XXXLutz" in Parndorf (Burgendland) and one under the "Möbelix" brand in St. Veit (Carinthia). Overall, XXXLutz is investing €240 million in business expansions across Europe, creating 1,200 new jobs, with the largest share going to stores in Germany.
The group is currently operating 237 stores and employs 20,800 people.
Eurofound (2017), XXXLutz, Business expansion in Austria, factsheet number 90325, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90325.