Castorama

Type
Business expansion
Country
Poland
Region
Centralny; Lodzkie; Lodzki
Location of affected unit(s)
Kiełmina near Zgierz
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.52 - Retail sale of hardware, paints and glass in specialised stores
300 jobs
Number of planned job creations
Job creation
Announcement Date
10 April 2017
Employment effect (start)
15 October 2017
Foreseen end date

Description

French retail chain Castorama, specialised in building materials, has announced that it will create 300 jobs at its new logistic centre in Kiełmina near Zgierz in 2017. The centre, which will have an area of 100,000 m2, is expected to be operational in mid-October 2017. Castorama plans to invest EUR 27.49 million (PLN 116.21 million). The source reports that Castorama increased sales by 10% as well as market share in Poland in 2016 and plans further expansion in the region. Last November a shop was opened in Leszno creating 110 jobs.

The company has been operating in Poland since 1994; it has 75 stores across Poland.

Sources

  • 10 April 2017: Dla handlu

Citation

Eurofound (2017), Castorama, Business expansion in Poland, factsheet number 90685, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90685.