Silvan

Type
Business expansion
Country
Denmark
Region
Danmark;
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.5 - Retail sale of other household equipment
47.52 - Retail sale of hardware, building materials, paints and glass
200 jobs
Number of planned job creations
Job creation
Announcement Date
5 September 2017
Employment effect (start)
Foreseen end date
30 September 2019

Description

The DIY chain Silvan, owned by the German venture fund Aurelius Group, plans to hire between 200 and 300 new employees during the next two years. Silvan will concentrate on combining 10 new stores with a stronger online presence. The objective of the business expansion is to facilitate flexible deliveries and the delivery of several products as early as the day after the customer has ordered the products online.

Sources

  • 5 September 2017: Avisen.dk

Citation

Eurofound (2017), Silvan, Business expansion in Denmark, factsheet number 91859, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91859.